Topical Terminology > YEELDS
YEELDS
For YEELDS we have a term and definition in Derivatives.
YEELDS (Derivatives) 
Yield Enhanced Equity Linked Debt Securities (sm). Lehman Brothers' proprietary synthetic Equity Linked Debt Security (q.v.). Lehman issues the security, which pays a high coupon until maturity, then pays the value of the underlying common stock (not Lehman's) up to a cap, such as 150% of the issue price. (Pratt, Tom. "Lehman's new 'Yeelds' trade on the Amex or do they?" IDD, Aug. 22, 1994, p. 10.)
See more Derivatives Terms ...
Similar
Browse words that start with:
Browse All Terms by First Letter
Term Search
Looking for more topical resources?
> Feeds
> General Reference
> News Video
> Recipes
> Podcasts
> Tags
We currently have 172,616 terms and definitions across 1,105 topics.
This work is licensed under Creative Commons.
Design by NOWdesign
