emission at par

简明释义

平价发行

英英释义

Emission at par refers to the issuance of bonds or securities at their face value, meaning that they are sold to investors for the exact amount that will be repaid at maturity.

按面值发行是指债券或证券以其面值发行,这意味着它们以到期时将偿还的确切金额出售给投资者。

例句

1.The company announced an emission at par to raise funds for its new project.

公司宣布进行按面值发行以筹集新项目的资金。

2.The bonds were issued at an emission at par, attracting many conservative investors.

这些债券以按面值发行,吸引了许多保守型投资者。

3.A successful emission at par can boost a firm's reputation in the financial community.

成功的按面值发行可以提升公司在金融界的声誉。

4.Investors were pleased with the emission at par as it indicated stability in the market.

投资者对这次按面值发行感到满意,因为这表明市场的稳定性。

5.During the meeting, the CFO explained the benefits of an emission at par for the company's future.

在会议上,首席财务官解释了按面值发行对公司未来的好处。

作文

In the world of finance, various terms and concepts play a crucial role in understanding investment opportunities and market dynamics. One such term is emission at par, which refers to the issuance of securities, such as bonds or stocks, at their nominal or face value. This means that when an investor purchases these securities, they are paying exactly what the security is worth according to its stated value, without any premium or discount. Understanding this concept is essential for both investors and companies looking to raise capital. When a company decides to issue new bonds, it can choose to do so at par, which typically indicates a stable financial situation and a desire to attract investors without complicating the pricing structure. For instance, if a company issues a bond with a face value of $1,000 at an emission at par, investors will pay $1,000 for the bond. This straightforward approach simplifies the investment decision for potential buyers since they know they are paying the exact value of the bond. The advantages of issuing securities at par are manifold. Firstly, it can enhance the company's reputation in the eyes of investors. When a company issues bonds at par, it signals that the company is confident in its financial health and future prospects. This can lead to increased demand for the bonds, potentially resulting in a successful capital raise. Moreover, issuing at par eliminates the complexities associated with pricing adjustments, making it easier for investors to understand the investment's true value. However, there are also challenges associated with emission at par. If market conditions change or if a company's credit rating declines, the bonds may become less attractive to investors, especially if they are not offering competitive interest rates compared to other available securities. In such cases, the company might need to offer its bonds at a discount to entice buyers, which can have implications for its perceived financial stability. Investors should also be aware of the implications of purchasing securities at par. While buying at par can be advantageous in a stable market, it is crucial to consider the overall economic environment. For example, if interest rates rise after an investor purchases a bond at par, the market value of that bond may decrease, leading to potential losses if the investor decides to sell before maturity. Thus, understanding the timing of purchases and market trends is vital for maximizing returns. In conclusion, the term emission at par encapsulates a fundamental aspect of financial markets, representing the issuance of securities at their nominal value. This concept is significant for both issuers and investors, as it reflects the issuer's confidence and simplifies the investment process. However, both parties must remain vigilant and consider external factors that could influence the attractiveness and value of these securities over time. By comprehensively understanding emission at par, investors can make more informed decisions, ultimately leading to better investment outcomes.

在金融世界中,各种术语和概念在理解投资机会和市场动态方面发挥着至关重要的作用。其中一个术语是面值发行,它指的是以证券的名义或面值发行证券,例如债券或股票。这意味着,当投资者购买这些证券时,他们支付的正是证券根据其声明价值所值得的金额,没有任何溢价或折扣。理解这一概念对于投资者和希望筹集资金的公司都是至关重要的。当一家公司决定发行新债券时,它可以选择按面值发行,这通常表明公司的财务状况稳定,并希望吸引投资者而不复杂化定价结构。例如,如果一家公司发行面值为1000美元的债券,以面值发行,投资者将支付1000美元购买该债券。这种简单直接的方法使潜在买家的投资决策变得更加简单,因为他们知道自己支付的正是债券的真实价值。按面值发行证券的好处是多方面的。首先,它可以增强公司在投资者眼中的声誉。当一家公司按面值发行债券时,这表明公司对其财务健康和未来前景充满信心。这可能导致对债券的需求增加,从而可能导致成功的资本募集。此外,按面值发行消除了与定价调整相关的复杂性,使投资者更容易理解投资的真实价值。然而,面值发行也存在挑战。如果市场条件发生变化,或者公司的信用评级下降,那么这些债券可能对投资者变得不那么有吸引力,特别是如果它们没有提供与其他可用证券相比具有竞争力的利率。在这种情况下,公司可能需要以折扣价格提供其债券,以吸引买家,这可能会对其被认为的财务稳定性产生影响。投资者还应意识到以面值购买证券的影响。虽然在稳定市场中按面值购买可能是有利的,但考虑整体经济环境至关重要。例如,如果在投资者以面值购买债券后,利率上升,那么该债券的市场价值可能会下降,从而导致潜在损失,尤其是在投资者决定在到期前出售时。因此,理解购买时机和市场趋势对于最大化回报至关重要。总之,术语面值发行概括了金融市场的一个基本方面,代表了以其名义价值发行证券。这一概念对于发行人和投资者都具有重要意义,因为它反映了发行人的信心并简化了投资过程。然而,双方都必须保持警惕,考虑可能影响这些证券吸引力和价值的外部因素。通过全面了解面值发行,投资者可以做出更明智的决策,最终实现更好的投资结果。

相关单词

emission

emission详解:怎么读、什么意思、用法

at

at详解:怎么读、什么意思、用法

par

par详解:怎么读、什么意思、用法