Money Market Yield Solution

STEP 0: Pre-Calculation Summary
Formula Used
Money Market Yield = Holding Period Yield*360/Time till Maturity
MMY = HPY*360/mt
This formula uses 3 Variables
Variables Used
Money Market Yield - Money Market Yield is a measure of the annualized yield on a money market instrument.
Holding Period Yield - Holding Period Yield is a measure of the total return on an investment over a specific period, taking into account both capital appreciation or depreciation and any income generated by the investment.
Time till Maturity - Time till Maturity refers to the remaining time until a financial instrument, such as a bond or a loan, reaches its maturity date.
STEP 1: Convert Input(s) to Base Unit
Holding Period Yield: 8.5 --> No Conversion Required
Time till Maturity: 180 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
MMY = HPY*360/mt --> 8.5*360/180
Evaluating ... ...
MMY = 17
STEP 3: Convert Result to Output's Unit
17 --> No Conversion Required
FINAL ANSWER
17 <-- Money Market Yield
(Calculation completed in 00.004 seconds)

Credits

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Created by Vishnu K
BMS College of Engineering (BMSCE), Bangalore
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Satyawati College (DU), New Delhi
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Money Market Yield Formula

Money Market Yield = Holding Period Yield*360/Time till Maturity
MMY = HPY*360/mt

What is Money Market Yield?

In calculating the money market yield, we can break the formula into two sections. The holding period yield (HPY) is the return earned from holding the security from purchase until maturity. By plugging the HPY into the money market yield formula, it accounts for the amount of holding time, with 360 representing one financial year.

How to Calculate Money Market Yield?

Money Market Yield calculator uses Money Market Yield = Holding Period Yield*360/Time till Maturity to calculate the Money Market Yield, The Money Market Yield formula is defined as a measure to calculate the annualized yield on a money market instrument. Money Market Yield is denoted by MMY symbol.

How to calculate Money Market Yield using this online calculator? To use this online calculator for Money Market Yield, enter Holding Period Yield (HPY) & Time till Maturity (mt) and hit the calculate button. Here is how the Money Market Yield calculation can be explained with given input values -> 17 = 8.5*360/180.

FAQ

What is Money Market Yield?
The Money Market Yield formula is defined as a measure to calculate the annualized yield on a money market instrument and is represented as MMY = HPY*360/mt or Money Market Yield = Holding Period Yield*360/Time till Maturity. Holding Period Yield is a measure of the total return on an investment over a specific period, taking into account both capital appreciation or depreciation and any income generated by the investment & Time till Maturity refers to the remaining time until a financial instrument, such as a bond or a loan, reaches its maturity date.
How to calculate Money Market Yield?
The Money Market Yield formula is defined as a measure to calculate the annualized yield on a money market instrument is calculated using Money Market Yield = Holding Period Yield*360/Time till Maturity. To calculate Money Market Yield, you need Holding Period Yield (HPY) & Time till Maturity (mt). With our tool, you need to enter the respective value for Holding Period Yield & Time till Maturity and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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