redemption yield

简明释义

偿还收益

英英释义

例句

1.The bond's redemption yield is calculated to determine its overall return on investment.

该债券的赎回收益率被计算以确定其整体投资回报。

2.When comparing bonds, it's essential to consider the redemption yield as part of your analysis.

在比较债券时，将赎回收益率作为分析的一部分是至关重要的。

3.Investors often look at the redemption yield when assessing the attractiveness of a bond.

投资者在评估债券的吸引力时，通常会关注赎回收益率。

4.A higher redemption yield can indicate a more profitable investment opportunity.

较高的赎回收益率可能表明更有利可图的投资机会。

5.The redemption yield takes into account the purchase price and the time until maturity.

该赎回收益率考虑了购买价格和到期时间。

作文

In the world of finance, understanding various terms is crucial for making informed investment decisions. One such term that often comes up in discussions of bonds and fixed-income securities is redemption yield. The redemption yield refers to the total return an investor can expect to earn if a bond is held until its maturity date. This concept is particularly important for investors who are looking to assess the potential profitability of their bond investments over time.When we talk about bonds, we are essentially discussing loans made by investors to borrowers, typically corporations or governments. In exchange for lending their money, investors receive periodic interest payments, known as coupon payments, and the return of the bond's face value upon maturity. The redemption yield takes into account not only these coupon payments but also any capital gains or losses that may occur if the bond is purchased at a price different from its face value.To calculate the redemption yield, one must consider several factors including the bond's current market price, the coupon rate, the time remaining until maturity, and the face value of the bond. The formula involves determining the annual return based on the bond's purchase price and the total payments expected over the life of the bond. This calculation helps investors understand whether a bond is a good investment compared to other available options.For example, suppose an investor purchases a bond with a face value of $1,000, a coupon rate of 5%, and five years left until maturity. If the investor buys the bond for $950, they will receive $50 annually in coupon payments. Additionally, at maturity, they will receive the full face value of $1,000. In this case, the redemption yield would be higher than the nominal coupon rate because the investor is buying the bond at a discount, which enhances their overall return.The significance of the redemption yield cannot be overstated. It provides a more comprehensive view of a bond's potential performance than merely looking at the coupon rate. Investors can use this metric to compare different bonds and make better decisions based on their risk tolerance and investment goals. For instance, if two bonds have the same coupon rate but different redemption yields, the one with the higher redemption yield may be more attractive, especially if it indicates a greater return relative to its price.Moreover, the redemption yield can also serve as a benchmark for evaluating the performance of a bond over time. As market conditions change, so too can the prices of bonds, affecting their yields. Investors should regularly reassess the redemption yield of their holdings to ensure that they are still aligned with their financial objectives.In conclusion, the concept of redemption yield is essential for anyone involved in bond investing. It encapsulates the total expected return of a bond when held to maturity, taking into account both the interest payments and any differences between the purchase price and the face value. By understanding and applying the redemption yield, investors can make more informed decisions, optimize their portfolios, and ultimately achieve their financial goals. As with all investment strategies, thorough research and analysis are key to successful outcomes in the complex world of finance.

在金融世界中，理解各种术语对于做出明智的投资决策至关重要。其中一个在债券和固定收益证券讨论中经常出现的术语是赎回收益率。赎回收益率是指如果投资者持有一只债券直到到期日，可以预期获得的总回报。这一概念对那些希望评估债券投资潜在盈利能力的投资者尤其重要。当我们谈论债券时，实际上是在讨论投资者向借款人（通常是公司或政府）提供的贷款。作为借款的回报，投资者会收到定期的利息支付，即票息支付，并在到期时收回债券的面值。赎回收益率不仅考虑这些票息支付，还考虑如果以不同于面值的价格购买债券可能发生的资本利得或损失。要计算赎回收益率，必须考虑几个因素，包括债券的当前市场价格、票息率、剩余到期时间和债券的面值。该公式涉及根据债券的购买价格和预期在债券生命周期内的总支付来确定年度回报。这一计算帮助投资者理解某只债券是否相较于其他可用选项是一个好的投资。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%、距离到期还有五年的债券。如果投资者以950美元购买这只债券，他们每年将收到50美元的票息支付。此外，在到期时，他们将收到1000美元的面值。在这种情况下，赎回收益率将高于名义票息率，因为投资者以折扣价购买债券，从而提高了整体回报。赎回收益率的重要性不容小觑。它提供了比仅仅查看票息率更全面的债券潜在表现视图。投资者可以利用这一指标比较不同的债券，并根据他们的风险承受能力和投资目标做出更好的决策。例如，如果两只债券的票息率相同但赎回收益率不同，赎回收益率更高的那只债券可能更具吸引力，尤其是如果它表明相对于其价格的回报更大。此外，赎回收益率还可以作为评估债券随时间表现的基准。随着市场条件的变化，债券的价格也可能发生变化，从而影响其收益率。投资者应定期重新评估其持有的债券的赎回收益率，以确保它们仍然与其财务目标一致。总之，赎回收益率的概念对于任何参与债券投资的人来说都是至关重要的。它概括了债券在持有到期时的总预期回报，同时考虑了利息支付和购买价格与面值之间的任何差异。通过理解和应用赎回收益率，投资者可以做出更明智的决策，优化他们的投资组合，并最终实现他们的财务目标。与所有投资策略一样，彻底的研究和分析是金融复杂世界中成功结果的关键。