Nominal yield
Encyclopedia
Nominal yield or coupon yield is the coupon
rate of a fixed income security, which is a fixed percentage of the par value. Unlike current yield
, it does not vary with the market price of the security.
Coupon (bond)
A coupon payment on a bond is a periodic interest payment that the bondholder receives during the time between when the bond is issued and when it matures. Coupons are normally described in terms of the coupon rate, which is calculated by adding the total amount of coupons paid per year and...
rate of a fixed income security, which is a fixed percentage of the par value. Unlike current yield
Current yield
The current yield, interest yield, income yield, flat yield or running yield is a financial term used in reference to bonds and other fixed-interest securities such as gilts...
, it does not vary with the market price of the security.