Money Market Yield evaluator uses Money Market Yield = Holding Period Yield*360/Time till Maturity to evaluate 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 evaluate Money Market Yield using this online evaluator? To use this online evaluator for Money Market Yield, enter Holding Period Yield (HPY) & Time till Maturity (mt) and hit the calculate button.