bond premium; premium on bonds

简明释义

债券溢价

英英释义

例句

1.Investors are willing to pay a bond premium 债券溢价 for bonds that offer higher interest rates compared to the market.

投资者愿意为提供比市场更高利率的债券支付债券溢价。

2.A financial analyst noted that the premium on bonds 债券溢价 has been rising due to economic uncertainty.

一位金融分析师指出，由于经济不确定性，债券溢价一直在上升。

3.The premium on bonds 债券溢价 can indicate strong demand in the bond market.

在债券市场中，债券溢价可以表明强劲的需求。

4.When interest rates fall, the bond premium 债券溢价 on existing bonds tends to increase.

当利率下降时，现有债券的债券溢价往往会增加。

5.Investing in a bond with a bond premium 债券溢价 may lead to greater returns if held to maturity.

投资于具有债券溢价的债券，如果持有到期，可能会带来更高的回报。

作文

In the world of finance, understanding the concept of a bond premium; premium on bonds is crucial for both investors and issuers. A bond premium; premium on bonds occurs when a bond is sold for more than its face value or par value. This situation typically arises when the bond's coupon rate, which is the interest rate it pays, is higher than the current market interest rates. Investors are often willing to pay a higher price for such bonds because they offer better returns compared to newer issues that have lower coupon rates. For instance, consider a bond with a face value of $1,000 and a coupon rate of 6%. If the prevailing market interest rates rise to 4%, new bonds will likely be issued with this lower rate. Consequently, the existing bond with the 6% coupon becomes more attractive, leading investors to pay a premium for it, thus creating a bond premium; premium on bonds. The amount above the face value that the investor pays is considered the premium.The existence of a bond premium; premium on bonds has implications for both the issuer and the investor. For the issuer, selling bonds at a premium can be beneficial as it allows them to raise more capital upfront. However, it also means that they will have to pay more in interest over the life of the bond, as the coupon payments are based on the bond's face value, not the premium price paid by the investor. From an investor's perspective, purchasing a bond at a premium can lead to different outcomes. While the higher coupon payments provide immediate cash flow benefits, the investor should also consider the potential for capital loss if the bond is held to maturity. When a premium bond matures, the investor will only receive the face value, resulting in a loss equal to the premium paid. Therefore, it is essential for investors to evaluate the overall return on investment, factoring in both the coupon payments and the eventual repayment of the bond's face value.Moreover, the concept of bond premium; premium on bonds is closely related to interest rate risk. As market interest rates fluctuate, so too does the price of bonds. If interest rates rise significantly after an investor purchases a premium bond, the bond's market value may decrease, leading to potential losses if the investor decides to sell before maturity. Conversely, if interest rates fall, the premium bond may appreciate further, providing an opportunity for capital gains.In conclusion, the bond premium; premium on bonds is an essential concept in bond investing. It reflects the relationship between a bond's coupon rate and prevailing market interest rates. Understanding how a bond premium; premium on bonds affects both the issuer and the investor is vital for making informed investment decisions. Investors need to weigh the benefits of higher coupon payments against the risks associated with paying a premium, particularly in relation to interest rate movements. Ultimately, a thorough understanding of this concept can lead to more strategic investment choices in the bond market.

在金融世界中，理解债券溢价；债券的溢价的概念对投资者和发行人来说至关重要。当债券以高于其面值或票面价值的价格出售时，就会出现债券溢价；债券的溢价。这种情况通常发生在债券的票息率（即其支付的利率）高于当前市场利率时。由于这些债券提供的回报比新发行的低票息债券更具吸引力，投资者通常愿意为此类债券支付更高的价格。例如，考虑一只面值为1000美元、票息率为6%的债券。如果当前市场利率上升至4%，则新债券可能会以较低的利率发行。因此，具有6%票息的现有债券变得更具吸引力，导致投资者愿意为其支付溢价，从而形成债券溢价；债券的溢价。投资者支付的超过面值的金额被视为溢价。债券溢价；债券的溢价的存在对发行人和投资者都有影响。对于发行人来说，以溢价销售债券可以是有利的，因为这使他们能够提前筹集更多资金。然而，这也意味着他们在债券的生命周期内必须支付更多的利息，因为利息支付是基于债券的面值，而不是投资者支付的溢价价格。从投资者的角度来看，以溢价购买债券可能会导致不同的结果。虽然较高的票息支付提供了即时的现金流益处，但投资者还应考虑如果持有债券到期可能会造成的资本损失。当溢价债券到期时，投资者只能收到面值，这将导致与所支付的溢价相等的损失。因此，投资者必须评估投资的整体回报，考虑票息支付和最终偿还债券面值之间的关系。此外，债券溢价；债券的溢价的概念与利率风险密切相关。随着市场利率的波动，债券的价格也会随之变化。如果在投资者购买溢价债券后，利率大幅上升，该债券的市场价值可能会下降，导致投资者在到期前决定出售时可能遭受损失。相反，如果利率下降，溢价债券可能会进一步升值，为资本收益提供机会。总之，债券溢价；债券的溢价是债券投资中的一个重要概念。它反映了债券的票息率与当前市场利率之间的关系。理解债券溢价；债券的溢价如何影响发行人和投资者对于做出明智的投资决策至关重要。投资者需要权衡较高票息支付的好处与支付溢价相关的风险，特别是在利率变动方面。最终，对这一概念的全面理解可以导致在债券市场中更具战略性的投资选择。