FT MarketWatch

Yield burning

An illegal practice in which an Underwriter places excessive markups on bonds used to complete some types of Municipal bond offerings. By marking up the price, the Yield will fall, which is known as "burning" the yield.

Related Terms: 15 Legal, Leg, Muni, Municipal bond, Markup, NOW, Offer, Offering, Own, Ring, Type, Underwriter, Write, Writer, Yield
Other Related Pages: Category: Bonds Starting With: Y
Semi Related Terms: 562 CLICK HERE TO VIEW
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