at par

简明释义

根据平价

英英释义

例句

1.Investors are more likely to buy bonds if they are sold at par 按面值 rather than at a premium.

如果债券以按面值而不是溢价出售，投资者更有可能购买.

2.When the stock market is stable, shares often trade at par 平价.

当股市稳定时，股票通常以平价交易.

3.The loan was granted at par 按面值, meaning no additional fees were charged.

贷款是以按面值授予的，这意味着没有收取额外费用.

4.The bonds were issued at a price of $1000, which is considered to be at par 面值.

这些债券的发行价格为1000美元，这被视为面值.

5.The company decided to sell its new shares at par 按面值 to attract more investors.

公司决定以按面值出售其新股，以吸引更多投资者.

作文

In the world of finance and investment, understanding various terminologies is crucial for making informed decisions. One such term that often comes up is at par. This phrase refers to a situation where a bond or stock is trading at its face value or nominal value. For instance, if a bond has a face value of $1,000 and is currently selling for $1,000 in the market, it is said to be trading at par. This concept is vital for investors as it helps them gauge the worth of their investments compared to their original value.When an investor purchases a bond at par, they can expect to receive interest payments based on the bond's stated rate until maturity. At maturity, the investor will receive the principal amount back, which is the same as the initial investment. Therefore, buying bonds at par can be seen as a relatively safe investment strategy, especially in stable economic conditions.However, it is essential to note that bonds can also trade above par (at a premium) or below par (at a discount). When a bond trades above its face value, it indicates that the market believes the bond is worth more due to factors like lower interest rates or improved credit ratings of the issuer. Conversely, when a bond trades below par, it may suggest that the issuer is facing financial difficulties or that interest rates have risen since the bond was issued.Understanding whether an investment is at par, above par, or below par can significantly influence an investor's decision-making process. For example, if an investor is considering purchasing a bond that is trading below par, they must evaluate the reasons behind this discount. Is it due to market fluctuations, or are there underlying issues with the issuer? Such analysis is crucial for making sound investment choices.Moreover, the concept of at par extends beyond bonds. It can also apply to stocks when discussing their market price relative to their book value or intrinsic value. If a stock is trading at par, it means that its market price is equal to its book value, indicating that the market sees no additional value beyond what is recorded on the company's balance sheet. Investors often look for stocks trading below par as potential bargains, hoping that the market will eventually recognize their true value.In conclusion, the term at par plays a significant role in the financial landscape, affecting how investors assess the value of their assets. Whether dealing with bonds or stocks, understanding the implications of trading at par can help investors make better decisions and optimize their portfolios. As the financial markets continue to evolve, being well-versed in these terms will undoubtedly aid investors in navigating the complexities of investment opportunities. The knowledge of trading at par empowers investors, allowing them to approach their financial goals with confidence and clarity.

在金融和投资的世界中，理解各种术语对于做出明智的决策至关重要。其中一个常常出现的术语是面值。这个短语指的是债券或股票以其面值或名义价值交易的情况。例如，如果一只债券的面值为1000美元，而目前在市场上以1000美元出售，那么它被认为是以面值交易的。这个概念对投资者来说至关重要，因为它帮助他们评估自己的投资与原始价值相比的价值。当投资者以面值购买债券时，他们可以期待根据债券的利率在到期之前收到利息支付。在到期时，投资者将收回本金，这与最初的投资相同。因此，以面值购买债券可以被视为一种相对安全的投资策略，尤其是在经济稳定的情况下。然而，需要注意的是，债券也可以以高于面值（溢价）或低于面值（折价）交易。当债券以其面值以上的价格交易时，表明市场认为由于利率较低或发行者信用评级改善，债券更有价值。相反，当债券以低于面值的价格交易时，可能表明发行者面临财务困难，或者自债券发行以来利率上升。了解投资是否以面值、高于面值或低于面值交易，可以显著影响投资者的决策过程。例如，如果投资者考虑购买一只低于面值交易的债券，他们必须评估这种折扣背后的原因。这是由于市场波动，还是发行者存在潜在问题？这样的分析对于做出明智的投资选择至关重要。此外，面值的概念也扩展到股票，当讨论其市场价格与账面价值或内在价值的关系时。如果一只股票以面值交易，则意味着其市场价格等于其账面价值，表明市场没有看到超出公司资产负债表上记录的额外价值。投资者通常会寻找以低于面值交易的股票作为潜在的便宜货，希望市场最终会认识到它们的真实价值。总之，面值这个术语在金融领域中扮演着重要角色，影响着投资者如何评估其资产的价值。无论是处理债券还是股票，理解以面值交易的含义都可以帮助投资者做出更好的决策，从而优化他们的投资组合。随着金融市场的不断发展，熟悉这些术语无疑将帮助投资者驾驭投资机会的复杂性。了解以面值交易的知识赋予了投资者力量，使他们能够自信而清晰地朝着自己的财务目标迈进。