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English definition of “redemption yield”

redemption yield

noun [C]     (also maturity yield) FINANCE
the amount of money an investor will get back from a bond if they keep it for the full period agreed to when they bought it: If the bond is held until maturity , the redemption yield would be around 4.5%. a gross / net redemption yield
(Definition of redemption yield noun from the Cambridge Business English Dictionary © Cambridge University Press)
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