A measure of the non-collateralized sovereign yield of a Brady bond, after all incentives and features are removed from consideration. Evaluating the stripped yield gives potential bondholders to evaluate the sovereign risk associated with the bond should there be a default on the part of the issuing nation.
Related information about stripped yield:
- Stripped Yield Definition | Investopedia
A measure of the non-collateralized, independent return of a bond or warrant after all the monetary incentives and features have been removed. Stripped yields ...
- What is stripped yield? definition and meaning
Definition of stripped yield: A measure of the non-collateralized sovereign yield of a Brady bond, after all incentives and features are removed from consideration ...
- Stripped yield - Financial Dictionary - The Free Dictionary
Definition of Stripped yield in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Stripped yield? Meaning of Stripped yield as ...
- Stripped Yield: Definition from Answers.com
Stripped Yield The implied sovereign yield of a bond, or the theoretical yield of the non-collateralized portion of a bond.
- STRIPPED YIELD DEFINITION
STRIPPED YIELD is the annual dollar dividend of a preferred stock divided by its stripped price. -
- Introduction to Brady bonds
Subtracting the stripped yield from the U.S. Treasury yield generates the 'stripped yield spread" of the Brady issue in question. That stripped yield spread may ...
- PRN Wire: Newsletter
A "stripped spread" is the difference between a Brady's stripped yield and the US Treasury yield of equivalent duration. PAR Brady's are registered 30-year fixed ...
- Brady Bond Primer
Compute the stripped yield or the IRR of the remaining cash flows. Sovereign risk is the implied stripped yield (non enhanced by the credit guarantees) ...