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标题: Nominal Yield vs Coupon yield vs coupon rate [打印本页]

作者: burning0spear    时间: 2011-7-13 16:42     标题: Nominal Yield vs Coupon yield vs coupon rate

What is the difference between these Nominal Yield vs Coupon yield vs coupon rate ?
作者: draz    时间: 2011-7-13 16:42

They are all the same. Just coupon/face value.
作者: burnsy562000    时间: 2011-7-13 16:42

not to be confused with current yield, which equals annual bond coupon/current bond price.

For discount bonds, nominal<current<YTM
For premium bonds, YTM<current<nominal




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