nominal rate; coupon rate

简明释义

票面利率

英英释义

例句

1.The bond has a nominal rate 名义利率 of 5%, which means it pays 5% interest annually.

这只债券的名义利率为5%，这意味着它每年支付5%的利息。

2.If the market interest rates rise, the nominal rate 名义利率 of existing bonds may seem less attractive.

如果市场利率上升，现有债券的名义利率可能显得不那么吸引人。

3.A higher nominal rate 名义利率 usually indicates a higher risk associated with the bond.

较高的名义利率通常表明与该债券相关的风险较高。

4.The coupon rate 票面利率 is fixed and does not change over the life of the bond.

该票面利率是固定的，在债券的整个生命周期内不会变化。

5.Investors often look at the coupon rate 票面利率 when deciding whether to purchase a bond.

投资者在决定是否购买债券时，通常会关注票面利率。

作文

Understanding financial terms is crucial for making informed investment decisions. Among these terms, the concepts of nominal rate and coupon rate play a significant role, especially when dealing with bonds and fixed-income securities. The nominal rate refers to the interest rate stated on a bond or loan, which does not take into account the effects of inflation. It is the rate that borrowers agree to pay lenders and is often used to compare different financial products. On the other hand, the coupon rate is a specific type of nominal rate that indicates the annual interest payment made by the bond issuer to the bondholder, expressed as a percentage of the bond's face value.For instance, if a bond has a face value of $1,000 and a coupon rate of 5%, the bondholder will receive $50 annually until the bond matures. This makes the coupon rate essential for investors looking to generate regular income from their investments. It is important to understand that while the coupon rate provides a fixed return based on the bond's face value, the actual yield that an investor earns may vary depending on the price paid for the bond in the market.Investors often confuse the nominal rate with the effective interest rate, which takes into account compounding periods and inflation. For example, if inflation is high, the real return on an investment can be significantly lower than the nominal rate. Therefore, understanding both the nominal rate and the coupon rate is vital for assessing the true value of an investment.Moreover, the coupon rate can influence the market price of a bond. When interest rates rise, existing bonds with lower coupon rates become less attractive, leading to a decrease in their market price. Conversely, if interest rates fall, bonds with higher coupon rates become more desirable, increasing their market value. This relationship between interest rates and bond prices highlights the importance of the coupon rate in the bond market.In conclusion, both the nominal rate and coupon rate are essential concepts that every investor should understand. The nominal rate, being the basic interest rate, helps in comparing various financial products, while the coupon rate provides insight into the income generated from bonds. By grasping these terms, investors can make better decisions and optimize their portfolios for maximum returns. As the financial landscape continues to evolve, staying informed about these key concepts will empower investors to navigate the complexities of the market effectively.

理解金融术语对做出明智的投资决策至关重要。在这些术语中，名义利率和票面利率的概念起着重要作用，尤其是在处理债券和固定收益证券时。名义利率是指债券或贷款上注明的利率，它不考虑通货膨胀的影响。这是借款人同意支付给贷方的利率，通常用于比较不同的金融产品。另一方面，票面利率是一种特定类型的名义利率，表示债券发行人向债券持有人支付的年度利息，按债券面值的百分比表示。例如，如果一只债券的面值为1000美元，票面利率为5%，那么债券持有人将在债券到期之前每年收到50美元的利息。这使得票面利率对希望从投资中产生定期收入的投资者至关重要。需要理解的是，虽然票面利率提供了基于债券面值的固定回报，但投资者实际获得的收益可能会根据市场上债券的购买价格而有所不同。投资者常常将名义利率与有效利率混淆，有效利率考虑了复利周期和通货膨胀。例如，如果通货膨胀很高，投资的实际回报可能远低于名义利率。因此，理解名义利率和票面利率对于评估投资的真实价值至关重要。此外，票面利率可以影响债券的市场价格。当利率上升时，具有较低票面利率的现有债券变得不那么吸引人，从而导致其市场价格下降。相反，如果利率下降，具有较高票面利率的债券变得更具吸引力，市场价值上升。这种利率与债券价格之间的关系突显了票面利率在债券市场中的重要性。总之，名义利率和票面利率都是每个投资者应理解的重要概念。名义利率作为基本利率，有助于比较各种金融产品，而票面利率则提供了有关债券产生的收入的洞察。通过掌握这些术语，投资者可以做出更好的决策，并优化他们的投资组合以获得最大回报。随着金融环境的不断演变，了解这些关键概念将使投资者能够有效地驾驭市场的复杂性。