bond equivalent yield

chandniwadhwani92
Finance Junkie
Posts: 166
Joined: Mon Oct 06, 2014 7:36 am

bond equivalent yield

Postby chandniwadhwani92 » Wed Dec 03, 2014 7:47 am

Formulas to convert bank discount yield to an holding period yield and holding period yield to an money market yield

edupristine
Finance Junkie
Posts: 722
Joined: Wed Apr 09, 2014 6:28 am

bond equivalent yield

Postby edupristine » Wed Dec 03, 2014 10:53 am

MMY = (360*BDY)/[360 - (t* BDY)]. You can calculate MMY by putting BDY and now you can put MMY into this formula HPY = MMY*(t/360).


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