# Current Yield

*Markets & Instruments — Finicade finance glossary*

A bond's annual coupon divided by its current market price — a quick snapshot of the income it throws off right now. It ignores any gain or loss at maturity, which the fuller yield-to-maturity captures.

**Related terms:** [Yield](https://finicade.com/glossary/yield), [Coupon](https://finicade.com/glossary/coupon), [Bond](https://finicade.com/glossary/bond)

**Taught in:** Charter Climb — Bond Pricing & Yields

Source: https://finicade.com/glossary/current-yield