guarantee the price of the issue
简明释义
公司债票发行价格保证
英英释义
例句
1.Investors were relieved when the CEO announced that they would guarantee the price of the issue for the new stock offering.
当首席执行官宣布他们将为新的股票发行保证发行价格时,投资者松了一口气。
2.The government promised to guarantee the price of the issue to stabilize the market during the economic crisis.
政府承诺在经济危机期间保证发行价格以稳定市场。
3.The company decided to guarantee the price of the issue for all early investors to encourage participation.
公司决定保证发行价格,以鼓励所有早期投资者参与。
4.To mitigate risks, the firm will guarantee the price of the issue for all bonds sold before the deadline.
为了降低风险,该公司将为截止日期前出售的所有债券保证发行价格。
5.In order to attract more buyers, the developer will guarantee the price of the issue for the first six months.
为了吸引更多买家,开发商将在头六个月内保证发行价格。
作文
In today's financial markets, the concept of pricing is crucial for both investors and issuers alike. One important phrase that often comes up in discussions related to securities and investments is guarantee the price of the issue. This term refers to a commitment made by underwriters or issuers to ensure that the price at which a security is offered during its initial public offering (IPO) or any other issuance remains stable and protected from fluctuations. Understanding this concept is essential for anyone involved in the investment world, as it plays a significant role in determining market confidence and investor behavior.When companies decide to go public or issue new securities, they typically work with underwriters who help set the initial offering price. The underwriters analyze various factors, including market conditions, company performance, and investor demand, to establish a price that will attract buyers while also providing value to the issuer. By guaranteeing the price of the issue, underwriters take on the risk associated with potential price drops after the securities are issued. This guarantee is not just a verbal commitment; it often involves financial arrangements where underwriters may buy back shares if the market price falls below the guaranteed level.The importance of guaranteeing the price of the issue cannot be overstated. For investors, it provides a sense of security. Knowing that there is a safety net in place can encourage more individuals to participate in the market, especially those who might be hesitant due to the inherent risks associated with investing. This increased participation can lead to higher demand for the securities, ultimately benefiting the issuing company through a successful capital raise.Moreover, for the issuing companies, having a guaranteed price means that they can better predict the amount of capital they will raise. This predictability is vital for planning future projects, expansions, and overall business strategies. It allows them to make informed decisions regarding their operations and investments, knowing that they have secured a certain level of funding.However, there are challenges associated with guaranteeing the price of the issue. Market conditions can be volatile, and despite the best efforts of underwriters, external factors such as economic downturns or sudden changes in investor sentiment can impact the effectiveness of these guarantees. If the market reacts negatively post-issuance, underwriters may face significant financial losses, which could affect their willingness to offer such guarantees in the future.Additionally, the practice of guaranteeing the price of the issue can sometimes lead to inflated prices. If underwriters are overly optimistic about a company's prospects, they may set an initial price that does not accurately reflect the market's true valuation. This can result in a situation where the stock price plummets shortly after the issuance, leading to dissatisfaction among investors and damaging the reputation of both the underwriters and the issuing company.In conclusion, the phrase guarantee the price of the issue encapsulates a critical aspect of the financial markets. It serves as a protective measure for investors, provides stability for issuers, and plays a pivotal role in the dynamics of securities trading. As the landscape of finance continues to evolve, understanding the implications of this term will remain essential for all market participants. Whether you are an investor looking to navigate the complexities of the market or a company seeking to raise capital, grasping the nuances of how prices are guaranteed can significantly influence your strategies and outcomes.
在当今的金融市场中,定价的概念对投资者和发行者都至关重要。在与证券和投资相关的讨论中,一个常常出现的重要短语是保证发行价格。这个术语指的是承销商或发行者所做出的承诺,以确保在首次公开募股(IPO)或任何其他发行过程中,证券所提供的价格保持稳定,并受到波动的保护。理解这一概念对于任何参与投资领域的人来说都是至关重要的,因为它在决定市场信心和投资者行为方面发挥着重要作用。当公司决定上市或发行新证券时,通常会与承销商合作,帮助设定初始发行价格。承销商分析各种因素,包括市场条件、公司表现和投资者需求,以确定一个能够吸引买家的价格,同时也为发行者提供价值。通过保证发行价格,承销商承担了与发行后可能出现的价格下跌相关的风险。这一保证不仅仅是口头承诺;它通常涉及财务安排,承销商可能会在市场价格低于保证水平时回购股票。保证发行价格的重要性不容小觑。对于投资者而言,这提供了一种安全感。知道有一个安全网可以保障,可以鼓励更多人参与市场,尤其是那些由于投资固有风险而犹豫不决的个人。这种参与的增加可以导致对证券的更高需求,最终使发行公司通过成功的资本筹集受益。此外,对于发行公司而言,拥有保证的价格意味着他们可以更好地预测将筹集的资金数量。这种可预测性对于规划未来项目、扩展和整体商业战略至关重要。它使他们能够就运营和投资做出明智的决策,知道他们已经确保了一定程度的资金。然而,与保证发行价格相关的挑战也存在。市场条件可能会波动,尽管承销商尽最大努力,但外部因素如经济衰退或投资者情绪的突然变化可能会影响这些保证的有效性。如果市场在发行后产生负面反应,承销商可能面临重大财务损失,这可能影响他们未来提供此类保证的意愿。此外,保证发行价格的做法有时可能导致价格虚高。如果承销商对公司的前景过于乐观,他们可能会设定一个不准确反映市场真实估值的初始价格。这可能导致发行后股价迅速下跌,令投资者感到不满,并损害承销商和发行公司的声誉。总之,短语保证发行价格概括了金融市场中的一个关键方面。它作为投资者的保护措施,为发行者提供了稳定性,并在证券交易的动态中发挥着重要作用。随着金融环境的不断演变,理解这一术语的含义将对所有市场参与者保持至关重要。无论您是希望驾驭市场复杂性的投资者,还是寻求筹集资金的公司,掌握价格如何被保证的细微差别都可以显著影响您的策略和结果。
相关单词