net redemption yield

The gross redemption yield on a bond less any tax charges suffered by the investor. For a private investor investing in gilts, it is usually calculated as
[(Gross coupon ∕ Market price) x (1 - individual's marginal tax rate)\ + (\Par - Market price\ ∕ No. of years to redemption) ∕ Market price] x 100%

Financial and business terms. 2012.

Look at other dictionaries:

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