interest yield

interest yield

the INTEREST paid on a BOND or LOAN STOCK etc., expressed as a percentage of the current market price of the bond or stock. For example, a bond offering an interest payment of £10 per year and having a current market price of £50 would have a yield of 20%.

interest yield

the INTEREST paid on a BOND expressed as a fraction of the current market price of the bond. For example, a bond offering an interest payment of £5 per year and having a current market price of £50 would have flat YIELD of 10%.