The value of investments can fall as well as rise, and you may get back less than you invested. Past performance is no guarantee of future results.

Yield to maturity definition

The yield to maturity is the total return a bond investor can expect to make, if the bond is held all the way through to the time it matures, expressed as an annual return.

Yield to maturity definition

The yield to maturity is the total return a bond investor can expect to make, if the bond is held all the way through to the time it matures, expressed as an annual return.

It is a composite of the yield or interest rate on the bond and any capital gain, and assumes that the interest or coupon payments are reinvested. Yield to maturity figures can help investors to compare bonds with different maturities and interest payments.

A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - Y

See all glossary trading terms