YTM abbr. 到期收益率(Yield To Maturity)
- The YTM factors in everything to give the true overall yield to an investor.
油尖旺一切因素,给真正的总收率投资者。 - For premium bonds, the current yield exceeds the YTM, for discount bonds the current yield is less than the YTM, and for bonds selling at par value, the current yield is equal to the YTM.
为溢价债券,现时产量超出YTM,为了按面值折扣发行的债券现时产量比YTM是较少,并且为卖在面值的债券,现时产量与YTM是相等的。 - YTM is the rate of return expected on a bond if it is held until maturity. It is calculated by taking into account its coupon, current capital profit and loss and the actual price of security.
投资人按当前市价买进债券,持有至债券期满所取得的全部收益,主要表现为利息收益,资本损益及债券实际价格的比率。