Bond yield, also known as the yield to maturity (YTM) is the interest rate a bond holder receives if a bond is held till maturity. Bonds are debt instruments that are used to raise funds from the market and carries a specified interest rate, which is also known as the coupon rate and have a defined maturity period. The buyer of the bond is entitled to receive a stream of interest payments and the principal amount on maturity.
Bond markets provides a vital source of credit, which is need ..
