external bond; tranche

简明释义

国外债券

英英释义

An external bond is a debt security issued by a government or corporation that is denominated in a foreign currency and sold to investors outside the issuer's home country.

外部债券是由政府或公司发行的债务证券,以外币计价,并在发行者的本国以外的投资者中出售。

A tranche is a portion, piece, or slice of a pool of securities, often used in the context of structured finance, where different tranches have varying levels of risk and return.

分层是指一组证券中的一部分、片段或切片,通常用于结构性融资的上下文中,其中不同的分层具有不同的风险和回报水平。

例句

1.Investors are keen on purchasing the latest external bond; tranche due to its attractive interest rate.

投资者对购买最新的外部债券;分期非常感兴趣,因为它的利率很有吸引力。

2.The government decided to issue an external bond; tranche to attract foreign investors.

政府决定发行一批外部债券;分期以吸引外国投资者。

3.The issuance of the external bond; tranche was met with high demand from institutional investors.

外部债券;分期的发行受到了机构投资者的高度欢迎。

4.The bank structured the deal to include multiple external bond; tranches to cater to different investor needs.

银行将交易结构化为多个外部债券;分期,以满足不同投资者的需求。

5.Each external bond; tranche has its own maturity date and risk profile.

每个外部债券;分期都有自己的到期日和风险特征。

作文

In the world of finance, understanding various instruments and mechanisms is crucial for making informed investment decisions. One such term that often comes up in discussions about international finance is external bond, which refers to a type of debt security issued by a borrower in a foreign currency. These bonds are typically used by governments or corporations to raise funds from international investors. The appeal of external bonds lies in their ability to provide access to a broader pool of capital, allowing issuers to tap into foreign markets and diversify their funding sources.Another important concept related to external bonds is tranche. This term originates from the French word for 'slice' and is used in finance to describe a portion, piece, or slice of a pool of securities. In the context of external bonds, a tranche may refer to a specific segment of a bond issuance that has distinct characteristics, such as different interest rates, maturities, or risk profiles. By structuring bond offerings into multiple tranches, issuers can cater to varying investor preferences and risk appetites, thereby enhancing the marketability of their debt securities.Investors often prefer external bonds because they can provide exposure to foreign currencies and international markets, which can be an effective way to hedge against domestic economic fluctuations. However, investing in external bonds also comes with risks, including currency risk, political risk, and the potential for default. Therefore, it is essential for investors to conduct thorough due diligence before committing to these financial instruments.When analyzing external bonds and their tranches, investors should pay close attention to the credit ratings assigned by agencies such as Moody’s or Standard & Poor’s. These ratings can provide valuable insights into the creditworthiness of the issuer and the likelihood of timely interest payments and principal repayment. Additionally, understanding the structure of the tranches can help investors assess the risk-return profile of their investments. For instance, senior tranches typically have priority in receiving payments, making them less risky compared to subordinate tranches, which may offer higher yields but come with greater risk.In conclusion, the terms external bond and tranche play significant roles in the global finance landscape. As investors seek to diversify their portfolios and explore new opportunities, having a solid grasp of these concepts can enhance their investment strategies. By understanding how external bonds are structured into tranches, investors can make more informed decisions that align with their financial goals and risk tolerance. Whether one is a seasoned investor or just starting out, familiarity with these terms is essential for navigating the complexities of international finance.

在金融世界中,理解各种工具和机制对于做出明智的投资决策至关重要。一个在国际金融讨论中经常出现的术语是外债,它指的是以外币发行的借款人债务证券。这些债券通常由政府或公司发行,用于从国际投资者那里筹集资金。外债的吸引力在于它们能够提供更广泛的资本池,使发行人能够进入外国市场并多样化其融资来源。与外债相关的另一个重要概念是分层。这个术语源自法语,意为“切片”,在金融中用来描述一组证券中的一个部分、片段或切片。在外债的背景下,分层可能指的是债券发行中的特定部分,具有不同的利率、到期日或风险特征。通过将债券发行结构划分为多个分层,发行人可以满足不同投资者的偏好和风险承受能力,从而增强其债务证券的市场性。投资者通常喜欢外债,因为它们可以提供对外币和国际市场的敞口,这可以有效地对冲国内经济波动。然而,投资于外债也伴随着风险,包括货币风险、政治风险以及违约的潜在风险。因此,投资者在承诺这些金融工具之前,进行彻底的尽职调查是至关重要的。在分析外债及其分层时,投资者应密切关注诸如穆迪或标准普尔等机构所赋予的信用评级。这些评级可以提供有关发行人信用状况和及时支付利息及本金偿还可能性的宝贵见解。此外,了解分层的结构可以帮助投资者评估其投资的风险收益特征。例如,优先分层通常在收到付款时具有优先权,使其相比于次级分层风险较小,而后者可能提供更高的收益但伴随更大风险。总之,术语外债分层在全球金融领域中扮演着重要角色。随着投资者寻求多样化其投资组合和探索新机会,熟悉这些概念可以增强他们的投资策略。通过理解外债是如何被结构化为分层的,投资者可以做出更符合他们财务目标和风险承受能力的明智决策。无论是经验丰富的投资者还是刚刚起步的人,熟悉这些术语对于驾驭国际金融的复杂性至关重要。

相关单词

external

external详解:怎么读、什么意思、用法

tranche

tranche详解:怎么读、什么意思、用法