Yield interest rate

Yield refers to the actual rate of interest expressed as a rate per cent per annum relating to the net proceeds or outlay.
The formulae for converting yields to discounts and discounts to yields are as follows:
Yield = 36500 ´ Discount Rate
36500 - (Days to Maturity ´ Discount Rate)
Discount = 36500 ´ Yield Rate
36500 (Days to Maturity ´ Yield Rate)