---
title: "What is Indicative yield?"
description: "You can use indicative yields to compare different government securities (G-Secs), but your actual returns will depend on auction prices."
category: arrow
subcategory: general
slug: what-is-indicative-yield
canonical: https://support.arrow.trade/arrow/general/what-is-indicative-yield/
---

# What is Indicative yield?

> You can use indicative yields to compare different government securities (G-Secs), but your actual returns will depend on auction prices.

## Short answer

You can use indicative yields to compare different government securities (G-Secs), but your actual returns will depend on auction prices.

## Understanding indicative yields

iRage calculates indicative yields based on the last traded price of government securities and presents them as annualised figures. You can use these yields to compare different G-Secs before making investment decisions.

However, your actual yield will depend on the weighted average price discovered during the auction, not the indicative yield shown.

You can learn more about government securities by visiting Government securities module on Arrow learning resources.

## Related

- Browse more in [general](/arrow/general/)
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---

Source: https://support.arrow.trade/arrow/general/what-is-indicative-yield/
Publisher: Arrow / iRage Broking Services LLP