Coupon Equivalent Yield

Business, Legal & Accounting Glossary

Definition: Coupon Equivalent Yield


Coupon Equivalent Yield

Quick Summary of Coupon Equivalent Yield


A metric used by bond investors to determine the yield on an issue with a maturity of less than one year, which trades at a discount and has no coupon value. The formula is: CEY=coupon/purchase price x 365/days to maturity.




Synonyms For Coupon Equivalent Yield


CEY


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Definition Sources


Definitions for Coupon Equivalent Yield are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.