1 Yankee Bonds
US firms aren’t the only issuers of securities outside their national borders. For example, foreign firms can issue securities in the US if they follow US security registration procedures. Yankee bonds are US dollar-denominated bonds that are issued in the US by a non-US issuer. Some issuers also find the longer maturities of Yankees attractive to meet long-term financing needs. While Eurodollar bonds typically mature in ten years or less, Yankees have maturities as long as 30 years. [See also Eurodollar bonds]
2 Year End Selling
A popular suggestion of invstment advisors, at year end, is to sell securites for which an investor has incurred substantial losses and purchas an equivalent security. [See also January effect]
3 Yield
The return provided by an instrument. For example, yield for investing in stock is equal to dividend yield plus capital gain yield.
4 Yield Curve
Diagram relating market interest rates to term-to-maturity on securities that differ only in terms of...
Keywords
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsEditor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2006 Springer Science+Business Media, Inc.
About this entry
Cite this entry
(2006). Y. In: Lee, CF., Lee, A.C. (eds) Encyclopedia of Finance. Springer, Boston, MA. https://doi.org/10.1007/978-0-387-26336-6_25
Download citation
DOI: https://doi.org/10.1007/978-0-387-26336-6_25
Publisher Name: Springer, Boston, MA
Print ISBN: 978-0-387-26284-0
Online ISBN: 978-0-387-26336-6
eBook Packages: Business and Economics