Yield to Maturity
The calculation of an average rate of return on a bond (with a maturity over one year) if it is held to its maturity date and if all cash flows are reinvested at the same rate of interest. It includes an adjustment for any premium paid or discount received. It is a calculation used to compare relative values of bonds.
- Average of only those rates tracked by RateOasis
- Some lenders have more than one rate for some products
