gilt-edged securities; gilts; gilt-edged stock

简明释义

金边债券,金边证券

英英释义

例句

1.The government issued new gilts to fund infrastructure projects across the country.

政府发行了新的国债以资助全国范围内的基础设施项目。

2.Investors often consider gilt-edged securities as a safe investment option during economic uncertainty.

投资者通常将国债证券视为经济不确定时期的安全投资选择。

3.Many pension funds allocate a portion of their portfolio to gilt-edged stock for stability.

许多养老基金将其投资组合的一部分分配给优质国债股票以确保稳定性。

4.Investors looking for low-risk options often turn to gilts in their investment strategy.

寻找低风险投资选项的投资者通常会在其投资策略中转向国债。

5.During times of high inflation, gilt-edged securities may not provide the desired returns.

在高通胀时期，国债证券可能无法提供预期的回报。

作文

In the world of finance and investment, understanding various types of securities is crucial for making informed decisions. One such type of security that has garnered attention from both institutional and individual investors is gilt-edged securities, also commonly referred to as gilts or gilt-edged stock. These are bonds that are issued by the government, typically considered to be low-risk investments due to the backing of the government’s creditworthiness.The term gilt-edged securities originates from the practice of binding these bonds in gold-edged paper, symbolizing their premium status. Investors often look for safe havens during times of economic uncertainty, and gilts provide just that. They are generally associated with stability and reliability, making them an attractive choice for conservative investors who prioritize capital preservation over high returns.One of the main characteristics of gilt-edged stock is its low default risk. Since these securities are backed by the government, the likelihood of default is significantly lower compared to corporate bonds. This makes gilts a favored option for pension funds and insurance companies, which need to ensure they can meet future liabilities. The predictable income stream from gilt-edged securities through interest payments adds to their appeal, especially for investors seeking regular income.Moreover, gilts play a vital role in the economy. They are used as a benchmark for other interest rates in the market; therefore, fluctuations in gilt-edged stock yields can influence borrowing costs for consumers and businesses alike. When the yields on gilt-edged securities rise, it often indicates increased government borrowing or inflation expectations, which can lead to higher interest rates across various sectors.Investors should also be aware of the different types of gilt-edged securities. There are conventional gilts, which pay a fixed interest rate, and index-linked gilts, where the interest payments and principal are linked to inflation. This feature provides additional protection against inflation, making index-linked gilts particularly appealing during periods of rising prices.Nonetheless, investing in gilt-edged stock is not without its risks. While they are considered low-risk investments, they are still subject to interest rate risk. When interest rates rise, the price of existing gilt-edged securities tends to fall, potentially leading to capital losses for investors who sell before maturity. Therefore, it is essential for investors to consider their risk tolerance and investment horizon when including gilts in their portfolios.In conclusion, gilt-edged securities, or gilts, represent a unique investment opportunity characterized by low risk and stable returns. They serve as a cornerstone for many investment strategies aimed at balancing risk and reward. Understanding the nature of gilt-edged stock and its implications for the broader economy can empower investors to make better financial decisions and navigate the complexities of the investment landscape effectively.

在金融和投资的世界中，理解各种类型的证券对于做出明智的决策至关重要。其中一种引起机构和个人投资者关注的证券类型是金边证券，通常被称为国债或金边股票。这些是由政府发行的债券，由于政府信用的支持，通常被认为是低风险投资。金边证券这个术语源于将这些债券装订在金边纸上的做法，象征着它们的优质地位。在经济不确定时期，投资者通常寻求安全的避风港，而国债正好提供了这种保障。它们通常与稳定性和可靠性相关，使其成为保守投资者的有吸引力的选择，这些投资者更重视资本保护而非高回报。金边股票的主要特征之一是其低违约风险。由于这些证券由政府支持，违约的可能性显著低于公司债券。这使得国债成为养老金基金和保险公司等机构的首选，它们需要确保能够满足未来的责任。通过利息支付从金边证券中获得的可预测收入流增加了其吸引力，尤其是对于寻求定期收入的投资者。此外，国债在经济中也扮演着重要角色。它们被用作市场上其他利率的基准；因此，金边股票收益率的波动可以影响消费者和企业的借贷成本。当金边证券的收益率上升时，通常表明政府借款增加或通货膨胀预期，这可能导致各个行业的利率上升。投资者还应该意识到不同类型的金边证券。有常规国债，它们支付固定利率，还有与指数挂钩的国债，其利息支付和本金与通货膨胀挂钩。这一特性在通货膨胀上升期间提供了额外的保护，使得与指数挂钩的国债在价格上涨时期特别受欢迎。然而，投资于金边股票并非没有风险。虽然它们被视为低风险投资，但仍然面临利率风险。当利率上升时，现有的金边证券的价格往往会下降，可能导致投资者在到期前出售时出现资本损失。因此，投资者在将国债纳入投资组合时，必须考虑他们的风险承受能力和投资期限。总之，金边证券或国债代表了一种独特的投资机会，其特征是低风险和稳定回报。它们是许多旨在平衡风险和回报的投资策略的基石。理解金边股票的性质及其对更广泛经济的影响，可以使投资者更好地做出财务决策，并有效应对复杂的投资环境。