redemption yield

简明释义

赎回收益率

英英释义

例句

1.Investors often look at the redemption yield when comparing different bonds to determine which offers the best return.

投资者在比较不同债券时经常关注赎回收益率以确定哪个提供最佳回报。

2.The bond's redemption yield indicates the total return an investor can expect if the bond is held until maturity.

该债券的赎回收益率表明投资者如果持有债券到期可以期待的总回报。

3.To calculate the redemption yield, you need the bond's face value, purchase price, and the time to maturity.

计算赎回收益率需要债券的面值、购买价格和到期时间。

4.A rising interest rate environment typically leads to a decrease in the redemption yield of existing bonds.

利率上升的环境通常会导致现有债券的赎回收益率下降。

5.The redemption yield of this government bond is higher than that of corporate bonds, making it a safer investment.

这只政府债券的赎回收益率高于公司债券，使其成为更安全的投资。

作文

In the world of finance and investment, understanding various terms is crucial for making informed decisions. One such term is redemption yield, which refers to the total return anticipated on a bond if it is held until it matures. It is an essential concept for investors who want to evaluate the profitability of their investments in fixed-income securities. The redemption yield takes into account not only the interest payments that bondholders receive but also any capital gains or losses realized upon the bond's maturity. Therefore, it provides a more comprehensive picture of the bond's potential performance compared to just looking at the coupon rate alone.When investing in bonds, the redemption yield can significantly influence an investor’s decision-making process. For instance, if an investor purchases a bond at a price lower than its face value, the redemption yield will be higher than the stated coupon rate. This is because the investor stands to gain from both the periodic interest payments and the difference between the purchase price and the face value when the bond matures. Conversely, if a bond is purchased at a premium, the redemption yield will be lower than the coupon rate, which may deter some investors from making the purchase.Moreover, the redemption yield can vary depending on market conditions. In a rising interest rate environment, existing bonds with lower coupon rates become less attractive, leading to a decrease in their market prices. As a result, the redemption yield for these bonds increases, reflecting the higher risk associated with holding them. Investors must carefully assess these changes to determine whether their current bond holdings align with their investment strategy.Another critical aspect of redemption yield is its role in comparing different investment opportunities. By calculating the redemption yield of various bonds, investors can make more informed choices about where to allocate their capital. This comparison can help identify which bonds offer the best potential returns relative to their risks. Additionally, the redemption yield can serve as a benchmark for evaluating the performance of a bond over time, allowing investors to track how well their investments are doing against market expectations.In conclusion, the concept of redemption yield is vital for anyone involved in bond investing. It encompasses the total expected return on a bond, considering both interest payments and capital appreciation or depreciation. By understanding the intricacies of redemption yield, investors can make better-informed decisions, ensuring that their portfolios are aligned with their financial goals. As with any investment, thorough research and analysis are key to navigating the complexities of the bond market effectively. Ultimately, mastering the concept of redemption yield can lead to more successful investment outcomes and a deeper understanding of how fixed-income securities function within the broader financial landscape.

在金融和投资的世界中，理解各种术语对做出明智的决策至关重要。其中一个术语是赎回收益率，它指的是如果债券持有到期，预期获得的总回报。对于希望评估其固定收益证券投资盈利能力的投资者来说，这是一个重要的概念。赎回收益率不仅考虑了债券持有人所收到的利息支付，还考虑了债券到期时实现的任何资本增益或损失。因此，与仅仅查看票面利率相比，它提供了债券潜在表现的更全面的视角。在投资债券时，赎回收益率可以显著影响投资者的决策过程。例如，如果投资者以低于面值的价格购买债券，则赎回收益率将高于规定的票面利率。这是因为投资者不仅从定期的利息支付中获益，还从债券到期时的购买价格与面值之间的差额中获益。相反，如果债券以溢价购买，则赎回收益率将低于票面利率，这可能会使一些投资者不愿进行购买。此外，赎回收益率还可能因市场条件而异。在利率上升的环境中，现有的低票面利率债券变得不那么吸引人，导致其市场价格下降。因此，这些债券的赎回收益率增加，反映出持有它们的风险增加。投资者必须仔细评估这些变化，以确定他们当前的债券持有是否与其投资策略一致。另一个赎回收益率的关键方面是它在比较不同投资机会中的作用。通过计算各种债券的赎回收益率，投资者可以更明智地选择资本的配置。这种比较可以帮助识别哪些债券在相对于其风险的情况下提供最佳潜在回报。此外，赎回收益率可以作为评估债券随时间表现的基准，使投资者能够跟踪其投资相对于市场预期的表现。总之，赎回收益率的概念对任何参与债券投资的人来说都是至关重要的。它涵盖了债券的总预期回报，考虑了利息支付和资本增值或贬值。通过理解赎回收益率的复杂性，投资者可以做出更明智的决策，确保他们的投资组合与其财务目标保持一致。与任何投资一样，彻底的研究和分析是有效驾驭债券市场复杂性的关键。最终，掌握赎回收益率的概念可以带来更成功的投资结果，并加深对固定收益证券在更广泛金融环境中运作方式的理解。