Meaning of “redemption yield” in the English Dictionary

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"redemption yield" in Business English

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redemption yieldnoun [ C ]

uk us 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%.

(Definition of “redemption yield” from the Cambridge Business English Dictionary © Cambridge University Press)