escalator bond

简明释义

伸缩债券

英英释义

An escalator bond is a type of bond that has an interest rate that increases at predetermined intervals, typically linked to an index or a specified schedule.

阶梯债券是一种利率在预定时间间隔内增加的债券,通常与某个指数或特定时间表相关联。

例句

1.Many retirees prefer escalator bonds for their predictable income growth during their retirement years.

许多退休人员更喜欢逐步递增债券,因为在退休期间可以获得可预测的收入增长。

2.A company issued an escalator bond to finance its expansion plans, ensuring higher returns for investors as profits grow.

一家公司发行了逐步递增债券来为其扩张计划融资,确保随着利润增长为投资者提供更高的回报。

3.The escalator bond provides a hedge against inflation by increasing the coupon rate periodically.

逐步递增债券通过定期提高票息率来对抗通货膨胀。

4.The city issued an escalator bond to fund infrastructure projects, with payments increasing every five years.

该市发行了逐步递增债券以资助基础设施项目,支付每五年增加一次。

5.Investors are attracted to the benefits of an escalator bond because it offers increasing interest payments over time.

投资者被逐步递增债券的好处所吸引,因为它提供随时间增加的利息支付。

作文

In the world of finance, various instruments are used to manage risks and optimize returns. One such instrument that has gained attention in recent years is the escalator bond. An escalator bond is a type of bond that features a mechanism for increasing interest rates over time, typically at predetermined intervals. This structure allows investors to benefit from rising interest rates, making it an attractive option in a fluctuating economic environment.The concept of an escalator bond is particularly appealing in a low-interest-rate environment. Investors often seek ways to enhance their income without taking on excessive risk. With traditional fixed-rate bonds, the interest payments remain constant throughout the life of the bond. However, as inflation rises or market conditions change, the purchasing power of those fixed payments can diminish. Here, the escalator bond provides a solution by offering increasing interest payments that can keep pace with inflation and other economic factors.For instance, consider an investor who purchases a 10-year escalator bond with an initial interest rate of 2% that increases by 0.5% every two years. In this scenario, the investor would receive 2% interest for the first two years, followed by 2.5% for the next two years, and so forth. By the end of the bond's term, the interest rate could reach 4%, significantly enhancing the overall return on investment.Moreover, escalator bonds can be particularly beneficial for long-term investors who anticipate rising interest rates. As central banks adjust monetary policy to combat inflation, interest rates may increase, leading to higher yields on new bonds. For investors holding escalator bonds, the gradual increase in interest payments can provide a hedge against these rising rates, ensuring that their investment remains competitive.However, it is essential to note that escalator bonds also come with certain risks. While they offer the potential for increased returns, they may have lower initial yields compared to traditional fixed-rate bonds. Additionally, if interest rates rise dramatically, investors might find themselves locked into a lower-yielding escalator bond when they could have invested in newer bonds with higher rates. Therefore, understanding the market conditions and interest rate trends is crucial when considering this type of investment.In conclusion, the escalator bond represents an innovative approach to bond investing, allowing for increased interest payments over time. This financial instrument caters to investors seeking to protect their investments from inflation and rising interest rates. While it offers unique advantages, potential investors must weigh the associated risks and market dynamics before diving into this investment avenue. Overall, the escalator bond serves as a reminder of the importance of adaptability in investment strategies, especially in a rapidly changing economic landscape.

在金融世界中,各种工具被用来管理风险和优化回报。其中一种近年来引起关注的工具是escalator bondescalator bond是一种债券,其利率在一定时间内以预定的间隔逐步增加。这种结构使得投资者能够从上升的利率中获益,使其在波动的经济环境中成为一种有吸引力的选择。escalator bond的概念在低利率环境中特别吸引人。投资者通常寻求在不承担过多风险的情况下增强收入。对于传统的固定利率债券,利息支付在整个债券期限内保持不变。然而,随着通货膨胀上升或市场条件变化,这些固定支付的购买力可能会减弱。在这里,escalator bond提供了一种解决方案,通过提供递增的利息支付,使其能够跟上通货膨胀和其他经济因素。例如,考虑一个投资者购买一只为期10年的escalator bond,初始利率为2%,每两年增加0.5%。在这种情况下,投资者在前两年将获得2%的利息,接下来的两年则为2.5%,依此类推。在债券到期时,利率可能达到4%,显著提高投资的整体回报。此外,escalator bonds对于预期利率上升的长期投资者尤其有利。随着中央银行调整货币政策以应对通货膨胀,利率可能会上升,导致新债券的收益率更高。对于持有escalator bonds的投资者而言,利息支付的逐步增加可以为这些上升的利率提供对冲,确保他们的投资保持竞争力。然而,值得注意的是,escalator bonds也伴随着一定的风险。虽然它们提供了增加回报的潜力,但与传统固定利率债券相比,初始收益率可能较低。此外,如果利率大幅上升,投资者可能会发现自己被锁定在一个收益较低的escalator bond中,而此时他们本可以投资于收益更高的新债券。因此,在考虑这种类型的投资时,了解市场条件和利率趋势至关重要。总之,escalator bond代表了一种创新的债券投资方式,允许利息支付随时间增加。这种金融工具迎合了希望保护投资免受通货膨胀和上升利率影响的投资者。虽然它提供了独特的优势,但潜在投资者必须权衡相关风险和市场动态,然后再进入这一投资领域。总体而言,escalator bond提醒我们在快速变化的经济环境中,投资策略的适应性的重要性。

相关单词

escalator

escalator详解:怎么读、什么意思、用法