Perpetual bonds have no maturity date, allowing them to pay interest indefinitely, making them appealing for long-term income ...

Perpetual bonds have no maturity date, allowing them to pay ... To understand potential returns, investors should know how to calculate yield, which is found by dividing the annual interest ...

PhenixFIN's PFXNZ bond offers a current yield of 5.68% and a yield to maturity of 7.96%, trading below par value. Read more ...

Money market yield ... formula that annualizes the return on short-term discount securities based on a 360-day year. The formula for MMY is: MMY = (Discount/Purchase Price) x (360/Days to ...

Companies need capital to fund ambitious projects, and they often turn to investors to raise funds. Teaming up with investment banks to issue corporate bonds gives these firms the money they need ...