Yield to call (YTC)

Yield to call (YTC),

Definition of Yield to call (YTC):

  1. Yield on a bond computed on the basis of assumption that its issuer will redeem it at the first call date stated in the bonds prospectus (indenture agreement). It is a less precise and less complex method of yield than yield to maturity.

Meaning of Yield to call (YTC) & Yield to call (YTC) Definition