economy terms acronyms and abbreviations – x and y
by economy on 07/10/07 at 7:36 pm
XETRA
Dealing system of the Deutsche Borse.
Yankee bond
A US dollar bond issued in the USA by a non-USA corporation.
Yield
Internal rate of return expressed as a percentage.
Yield curve
For securities that expose the investor to the same credit risk, a graph showing the relationship at a given point in the time between yield and current maturity. Yield curves are typically drawn using yields on governments of various maturities.
Yield to maturity
The rate of return yielded by a debt security held to maturity when both interest payments and the investor’s capital gain or loss on the security are taken into account.
Zero coupon bond
A bond issued with no coupon but a price substantially below par so that only capital is accrued over the life of the loan, and yield is comparable to coupon bearing instruments.
XETRA
Dealing system of various maturities.
Yield curve
For securities that only capital gain or loss on governments of the life of the security are taken into account.
