call a bond

简明释义

收兑债券

英英释义

例句

1.Shareholders were pleased when management announced plans to call a bond and reduce debt.

当管理层宣布计划赎回债券并减少债务时，股东们感到高兴。

2.When interest rates fall, companies often call a bond to refinance at a better rate.

当利率下降时，公司通常会赎回债券以更好的利率再融资。

3.The decision to call a bond was influenced by the recent changes in market conditions.

决定赎回债券是受到最近市场条件变化的影响。

4.The company decided to call a bond to take advantage of lower interest rates.

公司决定赎回债券以利用更低的利率。

5.Investors were surprised when the firm announced it would call a bond early.

当公司宣布将提前赎回债券时，投资者感到惊讶。

作文

In the world of finance, understanding various terms and their implications is crucial for investors. One such term that often comes up is call a bond. To call a bond, in simple terms, means that the issuer of the bond has the right to redeem it before its maturity date at a specified price. This action can have significant consequences for both the issuer and the bondholders. When a company or government issues bonds, they are essentially borrowing money from investors with the promise to pay back the principal amount along with interest over a set period. However, if interest rates decline after the bond is issued, the issuer may find it advantageous to call a bond and reissue new bonds at lower rates. This allows them to save on interest expenses, which can be a strategic move in financial management. For example, consider a corporation that issued bonds with a fixed interest rate of 6% when the market rate was higher. If interest rates fall to 4%, the corporation might choose to call a bond to take advantage of the lower rates. By doing so, they can issue new bonds at the more favorable rate, thereby reducing their overall interest payments. However, this action does not come without risks. For bondholders, the ability of the issuer to call a bond can be a double-edged sword. When a bond is called, investors receive their principal back sooner than expected, which can be frustrating if they were counting on the bond for long-term income. Moreover, they may have to reinvest that money in a lower interest rate environment, potentially leading to lower returns. Additionally, the terms of the bond will typically specify whether it is callable or non-callable. Callable bonds usually offer higher yields to compensate for the risk of being called early. Investors need to carefully assess these factors when considering whether to invest in callable bonds. In conclusion, the term call a bond represents an important concept in bond investing. It highlights the dynamic relationship between interest rates and bond management. Investors must understand how callable bonds work and the potential implications for their investment strategies. The decision to call a bond can significantly influence both the issuer's financial health and the investor's portfolio performance. As with any investment, knowledge and awareness are key to making informed decisions in the ever-evolving landscape of finance.

在金融世界中，理解各种术语及其影响对于投资者至关重要。其中一个经常出现的术语是call a bond。简单来说，call a bond意味着债券的发行者有权在到期日前以指定价格赎回债券。这一行动对发行者和债券持有人都有重大影响。当公司或政府发行债券时，他们本质上是在向投资者借钱，并承诺在一定期限内偿还本金以及利息。然而，如果债券发行后利率下降，发行者可能会发现赎回债券并以较低利率重新发行新债券是有利的。这使得他们能够节省利息支出，这在财务管理中可能是一种战略举措。例如，考虑一家在市场利率较高时以6%的固定利率发行债券的公司。如果利率降至4%，该公司可能会选择call a bond以利用较低的利率。通过这样做，他们可以以更有利的利率发行新债券，从而减少整体利息支出。然而，这一行动并非没有风险。对于债券持有人而言，发行者能够call a bond可能是一把双刃剑。当债券被赎回时，投资者比预期更早地收回本金，这可能让他们感到沮丧，因为他们可能依赖于该债券来获得长期收入。此外，他们可能不得不在利率较低的环境中重新投资这笔钱，可能导致回报降低。此外，债券的条款通常会具体说明它是否可赎回。可赎回债券通常提供更高的收益，以补偿提前被赎回的风险。投资者在考虑是否投资于可赎回债券时，需要仔细评估这些因素。总之，术语call a bond代表了债券投资中的一个重要概念。它突显了利率与债券管理之间的动态关系。投资者必须了解可赎回债券的运作方式及其对投资策略的潜在影响。决定call a bond可能会显著影响发行者的财务健康和投资者的投资组合表现。与任何投资一样，知识和意识是做出明智决策的关键，在不断变化的金融环境中尤其如此。