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Forex Finder Q: please tell me what the "coupon equivalent yield - cEY" isCategory: glossary , Asked by: Trevor N. From Halifax, United Kingdom A: A method of calculation used to calculate the yield on bonds with maturities of less than one year and which normally sell at a discount and do not pay coupons. Formula For example, the CEY calculation allows bond investors to compare the return on a 180-day Treasury bill to an one-year coupon paying bond, to evaluate which instrument will give the investor a higher return. Visit Oanda
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