A tutorial for calculating and comparing bond yields: nominal and current yield, yield to maturity (aka true or effective yield), yield to call, yield to put, yield to sinker, yield to average life, yield to worst, and taxable or bond equivalent yield, a
Yield to worst is the worst yield you may experience assuming the issuer does not default. It is the lower of yield to call and yield to maturity. It is possible that 2 bonds having the same face value and the same yield to maturity nevertheless offer different interest payments. That's ...
Yield to Maturity/Yield to Worst Years to Maturity/Years to Next Call Coupon Rate Bond Type Search Bond Expressinfo Trade popular bonds in smaller denominations. search Bond Suitability Bond Currency No Data View More Featured Insights Latest ArticlesView All ...
Bloomberg Global Agg Treasuries Index, Yield-to-worst, percentage This chart shows bond yields measured by the Bloomberg Global Aggregate Treasuries index from 2008 through 2023. In January of 2008 yields were 3.16%, and touched a high point of 3.90% in July 2008. In April of 2011 they...
Yield to Worst on a Bond CombiningYield to MaturitywithYield to Calland taking the minimum is known as theYield to Worst. Whileyield to worstdoesn't show you duration, it does show you the worst (from your perspective) possible annual yield you'd make when considering a bond. ...
A 10% annual coupon bond with 3 years to maturity is currently trading at $1,010. The bond is callable in one year at a call price of $1,008 and in two years at a call price of $1,005. The bond’s yield to worst most likely occurs when the bond is: A. held until maturity...
Yield to Worst as of Dec 31, 2024 5.04% Weighted Average Life as of Dec 31, 2024 6.48 yrs Worst 3-Month Return Over the Last 3 Years 3 months ending Oct 31, 2022 -8.32% For the latest month-end Distribution Yield,click here. ...
When a bond is callable, the practice has been to calculate ayield to worst, which is the smallest of theyield to maturityand theyield to callfor all possible call dates. Theyield to call(like the yield to maturity) assumes that all cash flows can be reinvested at the computed yield—in...
As the name suggests, yield to worst describes the worst possible yield for a bond without the issuer of the bond going into default. Investors determine this by imagining worst-case scenarios for the issue. These scenarios include all provisions included in the bond like a call, prepayment or...
Coupon rate or nominal yield = annual payments ÷ face value of the bond Current yield = annual payments ÷ market value of the bond The current yield is used to calculate other metrics, such as theyield to maturityand theyield to worst. ...