Yield to maturity
Also written YTM.
Yield to maturity: the annualized return if the bond is held to maturity and repaid at par.
Definition
Total return if a baby bond is held to its maturity date and repaid at par: coupon income plus the move from today's price to par. The companion figure to yield to call for an issue with a stated maturity. Computed in the Yield to Maturity calculator.
Definitions describe how YieldDesk reads the term. Nothing on this page is investment advice or a recommendation to buy, sell or hold.