coupon bond

简明释义

附息票债券

英英释义

例句

1.The coupon bond 息票债券 issued by the government has a fixed interest rate.

政府发行的息票债券 coupon bond具有固定的利率。

2.A coupon bond 息票债券 can be a safer investment compared to stocks.

与股票相比，息票债券 coupon bond可能是一种更安全的投资。

3.When the market interest rates rise, the value of existing coupon bonds 息票债券 tends to fall.

当市场利率上升时，现有的息票债券 coupon bonds的价值往往会下降。

4.Investors often prefer a coupon bond 息票债券 because it provides regular interest payments.

投资者通常更喜欢息票债券 coupon bond，因为它提供定期的利息支付。

5.The company announced it would issue a new coupon bond 息票债券 to fund its expansion plans.

该公司宣布将发行新的息票债券 coupon bond以资助其扩展计划。

作文

A financial instrument that has been widely used in the world of investing is the coupon bond. A coupon bond is essentially a debt security that pays fixed interest, known as the 'coupon', to the bondholder at regular intervals until the maturity date. At maturity, the principal amount is returned to the investor. This type of bond is particularly appealing to investors seeking stable income, as it provides predictable cash flows over time.Understanding how a coupon bond works is essential for anyone interested in the bond market. When an investor purchases a coupon bond, they are essentially lending money to the issuer, which could be a government or corporation. In return for this loan, the issuer agrees to pay interest at specified intervals, usually annually or semi-annually. The interest rate, or coupon rate, is determined at the time of issuance and remains fixed throughout the life of the bond.One of the key features of a coupon bond is its ability to provide regular income. This makes it an attractive option for retirees or those who require consistent cash flow. For example, if an investor buys a coupon bond with a face value of $1,000 and a coupon rate of 5%, they will receive $50 each year until the bond matures. This regular income can help investors plan their finances more effectively.Moreover, coupon bonds can vary in terms of credit risk. Government-issued bonds are generally considered safer compared to corporate bonds, which may carry higher risks due to the potential for default. Investors must assess the creditworthiness of the issuer before purchasing a coupon bond. This assessment includes reviewing the issuer's financial health and the economic conditions that could impact its ability to make interest payments.In addition to providing fixed income, coupon bonds can also be traded in the secondary market. This means that investors can buy and sell these bonds before they reach maturity, potentially realizing capital gains or losses based on changes in interest rates and market conditions. If interest rates rise after an investor buys a coupon bond, the market value of the bond may decrease, leading to a loss if the investor sells it. Conversely, if interest rates fall, the bond's value may increase, allowing the investor to sell it at a profit.It is also important to note that the taxation of income from coupon bonds can vary by jurisdiction. In some cases, the interest earned may be subject to income tax, while in others, certain types of bonds may offer tax advantages. Therefore, investors should be aware of the tax implications when investing in coupon bonds.In conclusion, a coupon bond is a fundamental investment tool that provides fixed interest income and the return of principal at maturity. Understanding the mechanics of coupon bonds, including their benefits and risks, is crucial for investors looking to diversify their portfolios and achieve their financial goals. As with any investment, thorough research and consideration of individual financial circumstances are key to making informed decisions in the bond market.

一种在投资领域被广泛使用的金融工具是票息债券。票息债券本质上是一种债务证券，它以固定利息（称为“票息”）在到期日之前定期支付给债券持有者。到期时，投资者将获得本金。这种类型的债券对寻求稳定收入的投资者特别具有吸引力，因为它提供了可预测的现金流。理解票息债券的运作方式对于任何对债券市场感兴趣的人来说都是至关重要的。当投资者购买票息债券时，他们实际上是在向发行人（可能是政府或公司）借钱。作为这笔贷款的回报，发行人同意在指定的时间间隔内支付利息，通常是每年或每半年一次。利率或票息率在发行时确定，并在债券的整个生命周期内保持不变。票息债券的一个关键特征是能够提供定期收入。这使得它成为退休人员或需要持续现金流的人的一种有吸引力的选择。例如，如果投资者购买了一张面值为1000美元、票息率为5%的票息债券，他们将每年收到50美元的利息，直到债券到期。这种定期收入可以帮助投资者更有效地规划财务。此外，票息债券在信用风险方面也可能有所不同。政府发行的债券通常被认为比企业债券安全，因为后者可能由于违约的潜在风险而承担更高的风险。在购买票息债券之前，投资者必须评估发行人的信用状况。这一评估包括审查发行人的财务健康状况及可能影响其支付利息能力的经济条件。除了提供固定收入外，票息债券还可以在二级市场交易。这意味着投资者可以在债券到期之前买卖这些债券，根据利率和市场条件的变化，可能会实现资本收益或损失。如果投资者在购买票息债券后利率上升，债券的市场价值可能会下降，导致投资者出售时亏损。相反，如果利率下降，债券的价值可能会上升，允许投资者以盈利的价格出售。还值得注意的是，来自票息债券的收入的税收可以因司法管辖区而异。在某些情况下，所赚取的利息可能要缴纳所得税，而在其他情况下，某些类型的债券可能提供税收优惠。因此，投资者在投资票息债券时应了解税收影响。总之，票息债券是一种基本的投资工具，提供固定的利息收入并在到期时返还本金。理解票息债券的机制，包括其优点和风险，对于希望多样化投资组合和实现财务目标的投资者至关重要。与任何投资一样，彻底的研究和对个人财务状况的考虑是做出明智决策的关键。