term bond

简明释义

一次到期债券

英英释义

例句

1.The government issued a new term bond to fund infrastructure projects across the country.

政府发行了一种新的定期债券，以资助全国范围内的基础设施项目。

2.Many retirees prefer investing in term bonds to ensure a steady income stream during retirement.

许多退休人员更喜欢投资于定期债券，以确保在退休期间有稳定的收入流。

3.Investors often choose a term bond for its fixed interest rate, which provides predictable income.

投资者通常选择定期债券，因为其固定的利率提供了可预测的收入。

4.A term bond typically matures in one to ten years, making it a medium-term investment option.

定期债券通常在一到十年内到期，是一种中期投资选择。

5.When interest rates rise, the value of a term bond may decrease, affecting its market price.

当利率上升时，定期债券的价值可能会下降，影响其市场价格。

作文

In the world of finance, understanding various investment instruments is crucial for making informed decisions. One such instrument is the term bond, which plays a significant role in the bond market. A term bond is a type of debt security that has a fixed maturity date, typically ranging from one to ten years. Investors purchase these bonds to receive regular interest payments, known as coupon payments, until the bond matures. At maturity, the investor receives the principal amount back. This predictable cash flow makes term bonds an attractive option for those seeking stability in their investment portfolios.The appeal of term bonds lies in their relatively low risk compared to stocks. When investors buy a term bond, they are essentially lending money to the issuer, which can be a corporation or government entity. In return, the issuer agrees to pay interest at specified intervals and return the principal upon maturity. This arrangement provides a sense of security, as investors know exactly when they will receive their money back and how much interest they will earn.Moreover, term bonds come in various forms, including government bonds, municipal bonds, and corporate bonds. Government bonds are issued by national governments and are generally considered the safest because they are backed by the government's credit. Municipal bonds are issued by local governments or municipalities, often offering tax advantages to investors. Corporate bonds, on the other hand, carry higher risks since they depend on the financial health of the issuing company. However, they also offer potentially higher returns.Investors should consider the interest rate environment when investing in term bonds. When interest rates rise, the prices of existing bonds tend to fall. This inverse relationship can lead to capital losses for investors who need to sell their bonds before maturity. Conversely, when interest rates fall, existing bonds with higher rates become more valuable, leading to potential capital gains. Thus, timing and market conditions play a critical role in the performance of term bonds.Another important aspect to consider is the credit quality of the issuer. Credit rating agencies assess the likelihood that an issuer will default on its payments. Bonds with higher credit ratings are deemed safer but usually offer lower yields. In contrast, lower-rated bonds may offer higher yields to compensate for the increased risk of default. Therefore, investors must balance their desire for income with their tolerance for risk when choosing term bonds.In conclusion, term bonds are a fundamental component of the investment landscape, providing a steady income stream and relative safety. They are suitable for conservative investors looking to preserve capital while earning interest. However, understanding the nuances of term bonds—including interest rate fluctuations, issuer credit quality, and the overall economic environment—is essential for maximizing their benefits. As with any investment, conducting thorough research and considering one's financial goals will help investors make the most informed choices regarding term bonds and their place in a diversified portfolio.

在金融世界中，理解各种投资工具对于做出明智的决策至关重要。其中一种工具是定期债券，它在债券市场中扮演着重要角色。定期债券是一种具有固定到期日的债务证券，通常期限从一年到十年不等。投资者购买这些债券，以便在债券到期之前定期获得利息支付，这些被称为票息支付。在到期时，投资者将收回本金。这种可预测的现金流使得定期债券成为那些寻求投资组合稳定性的投资者的一个吸引人的选择。定期债券的吸引力在于与股票相比，其风险相对较低。当投资者购买定期债券时，他们实际上是在向发行人借钱，发行人可以是公司或政府实体。作为回报，发行人同意在指定的时间间隔内支付利息，并在到期时返还本金。这种安排提供了一种安全感，因为投资者确切知道他们何时会收回资金以及能赚取多少利息。此外，定期债券有多种形式，包括政府债券、地方政府债券和公司债券。政府债券由国家政府发行，通常被认为是最安全的，因为它们得到了政府信用的支持。地方政府债券由地方政府或市政当局发行，通常为投资者提供税收优惠。另一方面，公司债券则承载着更高的风险，因为它们依赖于发行公司的财务健康。然而，它们也提供潜在的更高回报。投资者在投资定期债券时应考虑利率环境。当利率上升时，现有债券的价格往往会下降。这种反向关系可能导致需要在到期之前出售债券的投资者遭受资本损失。相反，当利率下降时，现有利率更高的债券变得更加有价值，从而带来潜在的资本收益。因此，时机和市场条件在定期债券的表现中起着关键作用。另一个重要方面是考虑发行人的信用质量。信用评级机构评估发行人违约支付的可能性。信用评级较高的债券被认为更安全，但通常提供较低的收益率。相反，评级较低的债券可能提供更高的收益率，以补偿更高的违约风险。因此，投资者在选择定期债券时，必须在收入欲望和风险承受能力之间找到平衡。总之，定期债券是投资领域的基本组成部分，提供稳定的收入流和相对的安全性。它们适合保守型投资者，旨在保护资本同时赚取利息。然而，理解定期债券的细微差别，包括利率波动、发行人信用质量和整体经济环境，对于最大化其收益至关重要。与任何投资一样，进行彻底的研究并考虑个人的财务目标将帮助投资者在多元化投资组合中做出关于定期债券及其位置的最明智选择。