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

Additional Related Terms: 10-K, Accrual bond, Accrual of discount, Accumulation bond, Agency bond, American Municipal Bond Assurance Corporation, Amortization of premium, Asked price, Asking price, Assumed bond