See Also: Yield burning(finance)
Yield burning(money)
Flat yield or running yield(finance)
Redemption yield or maturity yield(finance)
BURNING(law)
Burning(medicine)
burning(dictionary)
burning 1, adjective(dictionary)
heart-burning(dictionary)
burning 2, adverb(dictionary)

Yield burning (finance)


A municipal bond financing method. Underwriters in advance refundings add large markups on US Treasury bonds bought and held in escrow to compensate investors while waiting for repayment of old bonds after issuance of the new bonds.