yield to call (YTC) definition

yield to call (YTC)

Yield on a bond computed on the basis of assumption that its issuer will redeem it at the first call date stated in the bond's prospectus (indenture agreement). It is a less precise and less complex method of yield than yield to maturity.

yield to call (YTC) is in the Banking, Commerce & Finance, Investing and Securities & Futures Trading subjects.

yield to call (YTC) appears in the definition of the following term: yield to maturity (YTM)

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