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What is indicative yield to maturity?

indicative maturity yield
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What is indicative yield to maturity?

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Indicative yield to maturity means that if the Fund Manager were to do nothing and just collect coupons from the bonds. This yield however does not stay stable throughout and it will fluctuate daily according to market conditions. It does not take into consideration annual management and trustee fees. This yield is not guaranteed as well.

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