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.