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Is the yield shown annualised, or to the redemption date?

annualised redemption yield
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Is the yield shown annualised, or to the redemption date?

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The yield shown is annualised. This means that a 6 month bond showing a yield of 10% will provide a total return of 5%. Likewise, a 10% bond with two years to run will provide a total return of 20%.

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