What is BOND EQUIVALENT YIELD (BEY)?

When income is sold from a bod at a discount. The difference between par values and purchase price for two bonds are made into a percentage. AKA coupon equivalent rate and equivalent bond yield.

More On This Topic



Link to This Definition
Did you find this definition of BOND EQUIVALENT YIELD (BEY) helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary