bonds issued with conversion privileges

简明释义

有转换股票权的债券

英英释义

例句

1.The firm decided to issue bonds issued with conversion privileges to enhance its equity base without immediate dilution.

该公司决定发行带有转换权的债券，以增强其股本而不造成立即稀释。

2.The company raised funds by issuing bonds issued with conversion privileges, allowing investors to convert them into shares.

该公司通过发行带有转换权的债券筹集资金，允许投资者将其转换为股票。

3.Investors are often attracted to bonds issued with conversion privileges because they offer potential for capital appreciation.

投资者通常被带有转换权的债券所吸引，因为它们提供了资本增值的潜力。

4.The management believes that issuing bonds issued with conversion privileges will attract more investors looking for growth opportunities.

管理层相信，发行带有转换权的债券将吸引更多寻求增长机会的投资者。

5.When market conditions improve, holders of bonds issued with conversion privileges may choose to convert their bonds into stock.

当市场条件改善时，持有带有转换权的债券的投资者可能会选择将其债券转换为股票。

作文

In the world of finance, various investment instruments are available to cater to different investor needs and preferences. One such instrument that has gained popularity among investors is the bond. Bonds are essentially debt securities issued by corporations or governments to raise capital. They provide a fixed interest return over a specified period. However, within the realm of bonds, there exists a unique category known as bonds issued with conversion privileges. These bonds offer an intriguing feature that allows investors to convert their bonds into a predetermined number of shares of the issuing company’s stock at specific times during the bond's life. This characteristic can be particularly appealing in a bullish market where stock prices are expected to rise significantly.The primary advantage of bonds issued with conversion privileges is the potential for capital appreciation. Investors who hold these bonds can benefit from the upside of equity ownership while still enjoying the fixed income characteristics of a bond. For instance, if an investor purchases a convertible bond when the company's stock is trading at $50 and the bond allows conversion at a price of $40, the investor stands to gain significantly if the stock price rises above $50 after conversion.Moreover, bonds issued with conversion privileges can also provide a safety net for investors. In the event that the stock does not perform well, the investor still retains the bond, which typically pays interest until maturity. This dual benefit makes convertible bonds an attractive option for those looking to balance risk and return in their investment portfolios.However, it is essential for investors to understand the risks associated with bonds issued with conversion privileges. While they offer the potential for higher returns, they may also come with lower yields compared to traditional bonds. This is because the conversion feature adds value, allowing issuers to pay less interest than they would on non-convertible bonds. Additionally, if the issuing company performs poorly, the value of both the bond and the stock can decline, leading to potential losses for the investor.In conclusion, bonds issued with conversion privileges represent a fascinating intersection of debt and equity in the financial markets. They provide investors with the opportunity to benefit from both fixed income and potential equity appreciation. However, like any investment, they require careful consideration of the associated risks and rewards. As markets continue to evolve, understanding instruments like convertible bonds will be crucial for investors seeking to optimize their portfolios and achieve their financial goals.

在金融世界中，有各种投资工具可供不同的投资者需求和偏好。债券就是其中一种在投资者中越来越受欢迎的工具。债券本质上是由公司或政府发行的债务证券，用于筹集资金。它们在特定期间提供固定的利息回报。然而，在债券的领域中，存在一种独特的类别，称为带有转换特权的债券。这些债券提供了一种有趣的特性，允许投资者在债券的生命周期内的特定时间将其债券转换为发行公司股票的预定数量。这一特性在看涨市场中尤其具有吸引力，因为股票价格预计会显著上涨。带有转换特权的债券的主要优势在于资本增值的潜力。持有这些债券的投资者可以在享受债券固定收益特性的同时，受益于股权所有权的上行。例如，如果投资者在公司股票交易价格为50美元时购买了一只可转换债券，而该债券允许以40美元的价格转换，当股票价格在转换后升至50美元以上时，投资者将获得显著收益。此外，带有转换特权的债券还可以为投资者提供安全保障。如果股票表现不佳，投资者仍然保留债券，该债券通常在到期前支付利息。这种双重收益使可转换债券成为那些希望在投资组合中平衡风险和回报的投资者的有吸引力的选择。然而，投资者必须了解与带有转换特权的债券相关的风险。虽然它们提供了更高回报的潜力，但与传统债券相比，它们的收益率可能较低。这是因为转换特征增加了价值，使发行人能够支付比非可转换债券更少的利息。此外，如果发行公司表现不佳，债券和股票的价值都可能下降，导致投资者可能遭受损失。总之，带有转换特权的债券代表了金融市场中债务和股权的迷人交汇点。它们为投资者提供了同时受益于固定收入和潜在股权增值的机会。然而，像任何投资一样，它们需要仔细考虑相关的风险和回报。随着市场的不断发展，理解像可转换债券这样的工具将对寻求优化投资组合和实现财务目标的投资者至关重要。