redemption yield

简明释义

偿还收益率

英英释义

例句

1.The redemption yield 赎回收益率 can fluctuate based on market conditions and interest rates.

由于市场条件和利率的变化，赎回收益率 赎回收益率 可能会波动。

2.Before investing, it's crucial to understand the redemption yield 赎回收益率 of the security.

在投资之前，了解证券的赎回收益率 赎回收益率 是至关重要的。

3.Investors often compare the redemption yield 赎回收益率 of different bonds to assess their potential returns.

投资者通常比较不同债券的赎回收益率 赎回收益率 以评估其潜在回报。

4.The bond's redemption yield 赎回收益率 is calculated based on its face value and the interest payments.

该债券的赎回收益率 赎回收益率 是基于其面值和利息支付计算的。

5.A higher redemption yield 赎回收益率 indicates a more attractive investment opportunity.

较高的赎回收益率 赎回收益率 表明了更具吸引力的投资机会。

作文

In the world of finance, understanding various investment metrics is crucial for making informed decisions. One such metric that often comes up in discussions about bonds and fixed-income securities is redemption yield. The term refers to the total return an investor can expect to receive if a bond is held until its maturity date. This concept is particularly important for investors who want to evaluate the profitability of a bond relative to other investment opportunities. When assessing the redemption yield, it is essential to consider several factors, including the bond's coupon rate, its current market price, and the time remaining until maturity. The coupon rate is the interest payment that the bondholder receives, usually expressed as a percentage of the face value of the bond. If a bond is purchased at a discount, meaning below its face value, the redemption yield will be higher than the coupon rate because the investor will benefit from both the coupon payments and the capital appreciation when the bond matures. Conversely, if the bond is purchased at a premium, the redemption yield will be lower than the coupon rate, as the investor will incur a loss on the principal amount when the bond matures. Understanding redemption yield helps investors compare different bonds and make better investment choices. For instance, if an investor is considering two bonds with similar credit ratings but different coupon rates and prices, calculating the redemption yield for both can provide clarity on which bond offers a better return. This calculation enables investors to assess the risk and reward associated with each bond, thus facilitating a more strategic approach to their investment portfolio. Moreover, the redemption yield is not static; it can fluctuate based on changes in interest rates and market conditions. When interest rates rise, existing bonds with lower coupon rates become less attractive, leading to a decrease in their market price. As a result, the redemption yield for these bonds may increase, reflecting the higher returns available from newly issued bonds with higher interest rates. Understanding this dynamic is vital for investors, as it can influence their decision-making process regarding buying or selling bonds in response to market trends. In conclusion, the concept of redemption yield is a fundamental aspect of bond investing that every investor should grasp. It serves as a critical tool for evaluating the potential returns on bonds and comparing them against other investment options. By understanding how to calculate and interpret redemption yield, investors can make more informed decisions, manage their risk effectively, and ultimately enhance their investment outcomes. As the financial landscape continues to evolve, staying informed about metrics like redemption yield will empower investors to navigate the complexities of the bond market successfully.

在金融世界中，理解各种投资指标对于做出明智的决策至关重要。其中一个在讨论债券和固定收益证券时经常出现的指标是赎回收益率。这个术语指的是如果债券持有到期，投资者可以预期获得的总回报。这个概念对于希望评估债券相对于其他投资机会的盈利能力的投资者尤为重要。在评估赎回收益率时，考虑几个因素是至关重要的，包括债券的票息率、当前市场价格和到期时间。票息率是债券持有人收到的利息支付，通常以债券面值的百分比表示。如果以折扣价购买债券，即低于其面值，则赎回收益率将高于票息率，因为投资者将从票息支付和债券到期时的资本增值中受益。相反，如果以溢价购买债券，则赎回收益率将低于票息率，因为投资者在债券到期时将承受本金损失。理解赎回收益率有助于投资者比较不同的债券，并做出更好的投资选择。例如，如果投资者正在考虑两种信用评级相似但票息率和价格不同的债券，计算两者的赎回收益率可以清晰地表明哪种债券提供了更好的回报。这一计算使投资者能够评估与每种债券相关的风险和回报，从而促进对其投资组合的更具战略性的管理。此外，赎回收益率并不是静态的；它可能会根据利率和市场条件的变化而波动。当利率上升时，现有的低票息率债券变得不那么有吸引力，导致其市场价格下降。因此，这些债券的赎回收益率可能会增加，反映出新发行的高利率债券可获得的更高回报。理解这一动态对投资者至关重要，因为它可以影响他们根据市场趋势买卖债券的决策过程。总之，赎回收益率的概念是每个投资者都应该掌握的债券投资的基本方面。它作为评估债券潜在回报和与其他投资选项进行比较的重要工具。通过理解如何计算和解释赎回收益率，投资者可以做出更明智的决策，有效管理风险，并最终提升投资结果。随着金融环境的不断演变，了解像赎回收益率这样的指标将使投资者能够成功应对债券市场的复杂性。