grossed-up redemption yield

简明释义

调整后偿还收益率

英英释义

例句

1.The grossed-up redemption yield helps in comparing different investment options by providing a standardized measure of returns.

毛收益率通过提供标准化的回报度量，帮助比较不同的投资选择。

2.A higher grossed-up redemption yield indicates a more favorable investment opportunity for bondholders.

更高的毛收益率表明对债券持有者来说更有利的投资机会。

3.Financial analysts often use the grossed-up redemption yield to evaluate the attractiveness of municipal bonds.

金融分析师通常使用毛收益率来评估市政债券的吸引力。

4.When calculating the grossed-up redemption yield, it is important to consider both interest rates and tax implications.

在计算毛收益率时，考虑利率和税务影响是很重要的。

5.Investors often look at the grossed-up redemption yield to assess the true profitability of a bond investment.

投资者通常查看毛收益率以评估债券投资的真实盈利能力。

作文

Understanding financial concepts is crucial for anyone looking to invest wisely. One such concept that often comes up in discussions about bonds and fixed-income securities is the grossed-up redemption yield. This term refers to the yield on a bond or security that has been adjusted to reflect the tax implications of the interest income it generates. Essentially, it provides a clearer picture of the actual return an investor can expect after accounting for taxes. In many countries, the interest earned on bonds can be subject to taxation, which can significantly impact the overall yield. Therefore, calculating the grossed-up redemption yield allows investors to see how much they will earn once taxes are taken into consideration.To illustrate this concept, let’s consider a hypothetical scenario. Imagine an investor purchases a bond with a nominal yield of 5%. If this bond is subject to a tax rate of 20%, the investor would only retain 80% of the yield after taxes are deducted. Thus, the net yield becomes 4%. However, to understand the true value of this investment, the investor might want to calculate the grossed-up redemption yield. By taking the net yield and adjusting it back to account for the taxes, the investor can determine the gross yield before taxes, which in this case would be 5% again.The importance of the grossed-up redemption yield lies in its ability to provide a more accurate comparison between different investment opportunities. For instance, if an investor is considering two bonds, one with a higher nominal yield but also a higher tax burden, and another with a lower yield but favorable tax treatment, the grossed-up redemption yield can help them make an informed decision. It levels the playing field by allowing the investor to see the potential returns on a like-for-like basis, irrespective of the tax implications.Moreover, understanding the grossed-up redemption yield is particularly important in a global investment context, where different countries have varying tax laws. Investors must be aware of how these laws affect their returns on investments in foreign bonds. For example, a bond issued in a country with a lower tax rate may offer a more attractive grossed-up redemption yield compared to a similar bond in a higher-tax jurisdiction, even if the nominal yields are comparable.In conclusion, the grossed-up redemption yield is a vital metric for investors seeking clarity on their potential returns after taxes. By incorporating this calculation into their investment analysis, individuals can make more informed choices about where to allocate their funds. Understanding this term not only enhances one’s financial literacy but also empowers investors to navigate the complexities of the fixed-income market effectively. As the saying goes, knowledge is power, and in the world of investing, being equipped with the right information can lead to better financial outcomes.

有效理解和掌握金融概念对于任何希望明智投资的人来说都是至关重要的。其中一个常常出现在关于债券和固定收益证券讨论中的概念是毛重赎回收益率。这个术语指的是经过调整以反映利息收入的税务影响的债券或证券的收益率。基本上，它提供了一个更清晰的图景，说明投资者在考虑税收后可以期待的实际回报。在许多国家，债券所产生的利息可能会受到税收的影响，这可能会显著影响整体收益。因此，计算毛重赎回收益率使投资者能够了解在考虑税收后他们将获得多少收益。为了说明这个概念，让我们考虑一个假设场景。想象一下，一个投资者购买了一只名义收益率为5%的债券。如果这只债券的税率为20%，那么在扣除税款后，投资者只能保留80%的收益，因此净收益变为4%。然而，为了了解这项投资的真实价值，投资者可能想要计算毛重赎回收益率。通过将净收益调整回以考虑税款，投资者可以确定税前的毛收益率，在这种情况下又会回到5%。毛重赎回收益率的重要性在于它能够提供不同投资机会之间更准确的比较。例如，如果投资者正在考虑两只债券，一只具有较高的名义收益率但也有较高的税负，另一只具有较低的收益率但税收待遇有利，那么毛重赎回收益率可以帮助他们做出明智的决定。它通过允许投资者在不考虑税收影响的情况下看到潜在回报，使得竞争更加公平。此外，在全球投资背景下，理解毛重赎回收益率尤为重要，因为不同国家的税法各不相同。投资者必须意识到这些法律如何影响他们在外国债券上的投资回报。例如，在一个税率较低的国家发行的债券，可能会提供更具吸引力的毛重赎回收益率，与一个税率较高的司法管辖区的类似债券相比，即使名义收益率相当。总之，毛重赎回收益率是投资者寻求税后潜在回报清晰度的重要指标。通过将这一计算纳入其投资分析，个人可以更明智地选择资金的分配方向。理解这一术语不仅提高了个人的金融素养，也使投资者能够有效应对固定收益市场的复杂性。正如谚语所说，知识就是力量，而在投资世界中，掌握正确的信息可以导致更好的财务结果。