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Glossary   >   P   >   "Pickup" Definition            Pickup The gain in yield that occurs when a block of bonds is swapped for another block of higher-coupon bonds. A gain in yield by selling one bond and buying another. Also referred to as yield pickup. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Pickup - The gain in yield that occurs when a block of bonds is swapped for another block of higher-coupon bonds.

A gain in yield by selling one bond and buying another. Also referred to as yield pickup.