The total return from a security, such as, a bond, if it is held to its maturity date. It reflects both the income and capital gain/loss that it will make when it matures. Financial Services Glossary
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Current yield increased or decreased to take account of the capital gain or loss on redemption.
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redemption yield UK US noun [C] (also maturity yield) FINANCE
► the amount of money an investor will get back from a bond if they keep it for the full period agreed to when they bought it: »
If the bond is held until maturity, the redemption yield would be around 4.5%.
»a gross/net redemption yield
Financial and business terms. 2012.