yield-to-maturity ( YTM)
The annual percentage yield of a security calculated in a specific manner. The yield-to-maturity is the single discount rate that, when applied to all future interest and principal payments, produces a net present value equal to the purchase price of the security. American Banker Glossary
————
yield to maturity ( YTM)
Yield to maturity or YTM is the rate of return anticipated on a bond if it is held until the maturity date. London Stock Exchange Glossary
Financial and business terms. 2012.