initial yield
noun[C]
FINANCE,STOCK MARKETukustheamountofincomethat aninvestmentsuch as abondproducesat thetimeit isbought:
Thebondswerepricedatparwith aninitialyieldof 4.4%. Theratewill bereseteveryTuesday.
The newfundwill have aninitialyieldof around 3.2%.