grossed-up net redemption yield
grossed-up net redemption yield (UK)
MAKING UP LIFEPuppet: An Essay on Uncanny Life. By Kenneth Gross
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1 For eurobond issues, the additional payments made by a borrower to compensate for withholding tax or other levies which reduce the return.
2 The implied before-tax return, usually misleadingly (cf. after-tax). See imputation.
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