net yield to maturity

简明释义

到期净收益

英英释义

例句

1.Before purchasing the treasury bills, he wanted to know the net yield to maturity 到期净收益率 to make an informed decision.

在购买国库券之前，他想知道net yield to maturity 到期净收益率以做出明智的决定。

2.The net yield to maturity 到期净收益率 of the corporate bond was higher than expected, attracting more investors.

该公司债券的net yield to maturity 到期净收益率高于预期，吸引了更多投资者。

3.Financial analysts often compare the net yield to maturity 到期净收益率 of different securities to find the best investment opportunities.

金融分析师通常比较不同证券的net yield to maturity 到期净收益率以寻找最佳投资机会。

4.To evaluate the bond's performance, the net yield to maturity 到期净收益率 was calculated after considering all fees.

为了评估债券的表现，在考虑所有费用后，计算了net yield to maturity 到期净收益率。

5.The investor calculated the net yield to maturity 到期净收益率 on her bonds to assess their true profitability.

投资者计算了她的债券的net yield to maturity 到期净收益率以评估其真实的盈利能力。

作文

Understanding the concept of net yield to maturity is crucial for investors who want to assess the profitability of their investments in bonds. The term refers to the total return an investor can expect to earn if a bond is held until it matures, taking into account all interest payments and the difference between the purchase price and the face value of the bond. In simpler terms, it represents the annualized rate of return on a bond investment over its remaining life, adjusted for any costs or taxes that might affect the investor's net earnings.When investors purchase bonds, they typically receive periodic interest payments, known as coupon payments. These payments are a significant part of the overall return on investment. However, the net yield to maturity also considers the bond's current market price compared to its face value. If a bond is bought at a discount, the investor will gain additional profit when the bond matures and is redeemed at its full face value. Conversely, if a bond is purchased at a premium, the investor may face a loss, which will negatively impact the yield.Calculating the net yield to maturity involves several factors, including the bond's coupon rate, the time to maturity, and the purchase price. The formula typically used for this calculation can be complex, as it requires an understanding of present value calculations and the time value of money. Investors often use financial calculators or software to simplify this process.One of the key advantages of understanding net yield to maturity is that it allows investors to compare different bonds and make informed decisions. For instance, two bonds may have the same coupon rate, but if one has a higher net yield to maturity than the other, it may represent a better investment opportunity. This metric also helps investors assess the risk associated with various bonds, as higher yields often indicate higher risk.Moreover, the net yield to maturity can fluctuate based on changes in interest rates and market conditions. When interest rates rise, existing bonds with lower coupon rates may see their market prices decrease, leading to a higher yield for new investors entering the market. Conversely, if interest rates fall, existing bonds may become more valuable, resulting in lower yields for new investors. Therefore, keeping an eye on market trends and interest rate predictions is essential for maximizing returns.In conclusion, the concept of net yield to maturity is vital for anyone involved in bond investing. It provides a comprehensive view of the potential returns from a bond, factoring in both the income generated from coupon payments and the capital gains or losses incurred based on the bond's purchase price. By calculating and comparing the net yield to maturity of various bonds, investors can make educated choices that align with their financial goals and risk tolerance. Understanding this metric not only enhances investment strategies but also empowers investors to navigate the complexities of the bond market effectively.

理解净到期收益率的概念对于希望评估其债券投资盈利能力的投资者至关重要。该术语指的是如果持有债券直到到期，投资者可以预期获得的总回报，考虑到所有利息支付以及购买价格与债券面值之间的差额。简单来说，它代表了债券投资在剩余生命周期内的年化回报率，经过任何可能影响投资者净收益的成本或税收调整。当投资者购买债券时，他们通常会收到定期的利息支付，称为票息支付。这些支付是整体投资回报的重要组成部分。然而，净到期收益率还考虑了债券的当前市场价格与面值的关系。如果以折扣价购买债券，投资者在债券到期并按全额面值赎回时将获得额外利润。相反，如果以溢价购买债券，投资者可能会面临损失，这将对收益产生负面影响。计算净到期收益率涉及多个因素，包括债券的票息率、到期时间和购买价格。用于此计算的公式通常较为复杂，因为它需要理解现值计算和货币时间价值。投资者通常使用金融计算器或软件来简化这一过程。理解净到期收益率的一个主要优势在于，它使投资者能够比较不同的债券并做出明智的决策。例如，两个债券可能具有相同的票息率，但如果一个债券的净到期收益率高于另一个，则可能代表更好的投资机会。该指标还帮助投资者评估各种债券相关的风险，因为较高的收益通常表示较高的风险。此外，净到期收益率可能会根据利率和市场条件的变化而波动。当利率上升时，现有的低票息债券的市场价格可能会下降，从而导致新进入市场的投资者收益增加。相反，如果利率下降，现有债券的价值可能会增加，从而导致新投资者收益减少。因此，关注市场趋势和利率预测对于最大化回报至关重要。总之，净到期收益率的概念对于任何参与债券投资的人都至关重要。它提供了债券潜在回报的全面视图，考虑到来自票息支付的收入以及基于债券购买价格的资本收益或损失。通过计算和比较各种债券的净到期收益率，投资者可以做出与其财务目标和风险承受能力相一致的明智选择。理解这一指标不仅增强了投资策略，还使投资者能够有效地驾驭债券市场的复杂性。