No. of Recommendations: 3
What's the difference between Yield and LY - they are both the same

In the case mentioned, LY is the "lowest yield", and definitely something to be aware of, as the yield and LY can be vastly different.

Rating Qty Issue Coupon Maturity Yield LY Price
Aaa / AAA 100 Federal Ho 4.500 01-23-2006C 3.923 -2.965 101.750

Call schedule: 1/23/03
Yld to Call -2.965

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