Coupon Equivalent Yield (CEY)
A method of calculation used to calculate the yield on bonds with maturities of less than one year and which normally sell at a discount and do not pay coupons.

Formula

Investopedia Says:
For example, the CEY calculation allows bond investors to compare the return on a 180-day Treasury bill to a one-year coupon paying bond, to evaluate which instrument will give the investor a higher return.

Related Terms:
Bond
Coupon
Coupon Bond
Discount
Discount Bond
Interest
Time Value of Money
Yield

• Agency Security
• Agency Theory
• Agent
• Agflation
• Aggregate Demand
• Aggregate Exercise Price
• Aggregate Hours
• Aggregate Supply
• Aggregation
• Aggregator
• Aggressive Accounting
• Aggressive Growth Fund
• Aggressive Investment Strategy
• Aging
• Airbag Swap
• Air Pocket Stock
• Alan Greenspan
• Algorithmic Trading
• Alien
• Alienation Clause
• Alimony
• ALL
• All-Cap Fund
• All-Holders Rule
• Allied Member