net yield to redemption

简明释义

偿还时净收益率

英英释义

例句

1.Before purchasing a government bond, it's essential to calculate its net yield to redemption to understand its profitability.

在购买国债之前，计算其到期净收益率以了解其盈利能力是至关重要的。

2.The bond's net yield to redemption indicates the actual return an investor can expect after accounting for all costs.

该债券的到期净收益率表明投资者在考虑所有成本后可以预期的实际回报。

3.The net yield to redemption can vary significantly based on market conditions and the bond's credit rating.

由于市场条件和债券信用评级的不同，到期净收益率可能会有显著变化。

4.Investors often compare the net yield to redemption of different bonds to determine which one offers better value.

投资者通常会比较不同债券的到期净收益率，以确定哪个债券提供更好的价值。

5.Financial analysts use the net yield to redemption as a key metric when evaluating fixed-income investments.

金融分析师在评估固定收益投资时，将到期净收益率作为关键指标。

作文

Understanding financial terms is crucial for anyone looking to invest wisely. One such term that often comes up in discussions about bonds and fixed-income securities is net yield to redemption. This concept is essential for investors who want to gauge the profitability of their investments over time. In this essay, I will explain what net yield to redemption means, how it is calculated, and why it matters to investors.The net yield to redemption refers to the total return an investor can expect to earn from a bond or fixed-income security if it is held until maturity. This yield takes into account not only the interest payments (or coupon payments) that the investor receives but also any capital gains or losses that may occur when the bond matures. Essentially, it provides a more comprehensive view of the investment's performance than simply looking at the coupon rate.To calculate the net yield to redemption, one must consider several factors, including the bond's purchase price, its face value, the duration until maturity, and the interest rate. The formula can be somewhat complex, but at its core, it involves taking the total expected cash flows from the bond and discounting them back to their present value. This calculation allows investors to see the effective yield they will receive, taking into account the time value of money.For example, imagine an investor purchases a bond with a face value of $1,000, a coupon rate of 5%, and a maturity period of 10 years. If the investor buys the bond for $950, the net yield to redemption would reflect not only the annual interest payments of $50 but also the capital gain realized when the bond matures at its face value of $1,000. Therefore, the investor's total yield would be higher than the nominal coupon rate, making this bond an attractive option.The significance of net yield to redemption lies in its ability to help investors make informed decisions. By comparing the yields of different bonds, an investor can determine which securities offer the best potential returns based on their risk tolerance and investment goals. Moreover, understanding this yield can assist in portfolio management, allowing investors to balance their holdings between high-yield and low-yield investments effectively.In conclusion, grasping the concept of net yield to redemption is vital for anyone involved in fixed-income investing. It offers a clearer picture of what an investor can expect to earn from a bond over its lifetime, factoring in both interest income and potential capital gains. As financial markets continue to evolve, having a firm understanding of terms like net yield to redemption will empower investors to make better choices and ultimately achieve their financial objectives.

理解金融术语对于任何希望明智投资的人来说都是至关重要的。在关于债券和固定收益证券的讨论中，常常出现一个术语，即到期净收益率。这个概念对于希望评估其投资长期盈利能力的投资者至关重要。在这篇文章中，我将解释到期净收益率的含义、如何计算以及它对投资者的重要性。到期净收益率是指投资者如果持有债券或固定收益证券直到到期，所能预期获得的总回报。这种收益不仅考虑了投资者所收到的利息（或票息支付），还考虑了在债券到期时可能发生的资本增值或损失。本质上，它提供了比仅仅查看票息率更全面的投资表现视图。要计算到期净收益率，必须考虑几个因素，包括债券的购买价格、面值、到期时间和利率。公式可能相对复杂，但其核心涉及将债券的总预期现金流折现回其现值。这一计算使投资者能够看到他们将获得的有效收益，考虑到货币的时间价值。例如，假设一位投资者购买了一只面值为1000美元、票息率为5%、到期期限为10年的债券。如果投资者以950美元的价格购买该债券，则到期净收益率将反映出每年50美元的利息支付，以及债券到期时以面值1000美元赎回时实现的资本增值。因此，投资者的总收益将高于名义票息率，使这只债券成为一个有吸引力的选择。到期净收益率的重要性在于它帮助投资者做出明智的决策。通过比较不同债券的收益，投资者可以确定哪些证券在考虑风险承受能力和投资目标的基础上提供最佳潜在回报。此外，理解这一收益可以帮助投资组合管理，使投资者能够有效地在高收益和低收益投资之间进行平衡。总之，掌握到期净收益率的概念对于参与固定收益投资的任何人来说都是至关重要的。它提供了更清晰的图景，展示了投资者在债券生命周期内可以预期获得的收益，考虑了利息收入和潜在的资本增值。随着金融市场的不断演变，牢牢掌握诸如到期净收益率等术语将使投资者能够做出更好的选择，并最终实现他们的财务目标。