discount on bonds; bond discount

简明释义

债券折价

英英释义

例句

1.Investors often look for a discount on bonds to maximize their returns.

投资者通常寻找债券折扣以最大化他们的收益。

2.The company issued new bonds at a discount on bonds to attract more investors.

公司以债券折扣发行新债券以吸引更多投资者。

3.The discount on bonds can provide an opportunity for savvy investors.

债券折扣可以为精明的投资者提供机会。

4.When interest rates rise, the bond discount can become more pronounced.

当利率上升时，债券折扣可能会更加明显。

5.A bond discount indicates that the bond is selling for less than its face value.

债券折扣表示该债券的售价低于其面值。

作文

In the world of finance, understanding various terms and concepts is crucial for making informed investment decisions. One such term that often comes up in discussions about fixed-income securities is discount on bonds; bond discount. This phrase refers to the situation when a bond is sold for less than its face value or par value. To grasp the implications of this concept, it is essential to delve deeper into what bonds are, how they function, and why they might be sold at a discount.Bonds are essentially loans made by investors to borrowers, typically corporations or governments. When an investor purchases a bond, they are lending money to the issuer in exchange for periodic interest payments, known as coupon payments, and the return of the bond's face value upon maturity. The face value is the amount the issuer agrees to pay back to the bondholder at the end of the bond's term.A bond may be sold at a discount on bonds; bond discount for several reasons. One common reason is that the prevailing interest rates in the market have risen since the bond was issued. For instance, if a bond was issued with a coupon rate of 5%, but new bonds are being issued at a higher rate of 6%, the original bond becomes less attractive. As a result, investors may only be willing to purchase this bond at a lower price, leading to a discount.Another reason for a bond being sold at a discount could be related to the creditworthiness of the issuer. If an issuer’s financial situation worsens or if the market perceives an increased risk of default, investors may demand a higher yield to compensate for the additional risk. This can also lead to a discount on bonds; bond discount, as the bond's price decreases to attract buyers who require a higher return on their investment.It is important to note that buying a bond at a discount does not necessarily mean a loss for the investor. In fact, purchasing discounted bonds can be a strategic investment move. When an investor buys a bond at a discount, they stand to gain both from the coupon payments and the difference between the purchase price and the face value received at maturity. This potential for capital appreciation can make discounted bonds an appealing option for investors looking to enhance their returns.Moreover, the concept of discount on bonds; bond discount is also significant when considering the overall yield of a bond. Yield is a measure of the return an investor can expect to earn from a bond, taking into account the price paid for the bond, the coupon payments received, and the time until maturity. Bonds purchased at a discount will generally have a higher yield than their coupon rate, making them attractive to income-focused investors.In conclusion, the discount on bonds; bond discount is a vital concept in the realm of fixed-income investing. Understanding why bonds can be sold at a discount, the implications for potential returns, and the overall impact on yield can empower investors to make more informed decisions. As with any investment, it is essential to conduct thorough research and consider market conditions, interest rates, and the creditworthiness of issuers when evaluating bonds. By mastering this concept, investors can better navigate the complexities of the bond market and potentially enhance their investment portfolios.

在金融世界中，理解各种术语和概念对于做出明智的投资决策至关重要。一个常常出现在有关固定收益证券讨论中的术语是债券折扣；债券折价。这个短语指的是一种情况，即债券的售价低于其面值或票面价值。要掌握这一概念的含义，深入了解债券是什么、如何运作以及为什么它们可能会以折扣出售是非常必要的。债券本质上是投资者向借款人（通常是公司或政府）发放的贷款。当投资者购买债券时，他们是在向发行人借钱，以换取定期的利息支付，称为票息支付，以及在到期时返还债券的面值。面值是发行人同意在债券期限结束时偿还给债券持有人的金额。债券可能以债券折扣；债券折价出售的原因有很多。一个常见的原因是市场上现行利率在债券发行后上升。例如，如果一只债券的票息率为5%，但新发行的债券的利率为6%，那么原来的债券就变得不那么吸引人。因此，投资者可能只愿意以较低的价格购买这只债券，从而导致折扣。另一种导致债券以折扣出售的原因可能与发行人的信用状况有关。如果发行人的财务状况恶化，或者市场对违约风险的看法增加，投资者可能会要求更高的收益率来补偿额外的风险。这也可能导致债券折扣；债券折价，因为债券的价格下降以吸引需要更高回报的买家。值得注意的是，以折扣购买债券并不一定意味着投资者会亏损。实际上，购买折扣债券可以是一种战略投资举措。当投资者以折扣价购买债券时，他们不仅可以从票息支付中获益，还可以从购买价格与到期时收到的面值之间的差额中获益。这种潜在的资本增值使得折扣债券成为寻求提高回报的投资者的一个有吸引力的选择。此外，债券折扣；债券折价的概念在考虑债券的整体收益时也非常重要。收益率是衡量投资者从债券中预期获得的回报的一种指标，它考虑了购买债券的价格、收到的票息支付以及到期时间。以折扣购买的债券通常会有比其票息率更高的收益率，这使得它们对以收入为导向的投资者具有吸引力。总之，债券折扣；债券折价是固定收益投资领域中的一个重要概念。理解债券为何会以折扣出售、对潜在回报的影响以及对收益的整体影响，可以使投资者做出更明智的决策。与任何投资一样，在评估债券时，进行全面研究并考虑市场条件、利率和发行人的信用状况是至关重要的。通过掌握这一概念，投资者可以更好地应对债券市场的复杂性，并有可能增强他们的投资组合。