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UBS Dictionary of Banking  
     
 

UBS Dictionary of Banking
UBS Dictionary of Banking

Y:

Ya

Yi

Ya

yankee bond / Yankee-Bond / obligation «yankee» / yankee bond
USD-denominated bond issued in the USA by foreign borrowers.

Yi

yield / Rendite / rendement / rendimento
The total income produced by a capital investment expressed in percent. In the case of bonds, the yield to maturity or yield to the earliest possible redemption date is usually taken, the total return being calculated by dividing the annual interest payments and price changes to redemption by the number of years left to maturity.

yield curve / Renditekurve / courbe de rendements / curva di rendimenti
A line chart that shows the individual yields at a certain point in time for fixed income securities with the same features but different maturities. Securities with longer maturities tend to have a higher yield. If short-term securities offer higher yields than long-term ones, then the yield curve is said to be inverted.

yield spread
Synonym for spread (3).

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