double-barreled bond

简明释义

以双重税收作保证的市政公债

英英释义

例句

1.A double-barreled bond can be a great choice for those looking for a stable income stream.

双重担保债券对于那些寻求稳定收入来源的人来说是一个不错的选择。

2.When the city issued a double-barreled bond, it promised to use the funds for both infrastructure and education.

当该市发行双重担保债券时，承诺将资金用于基础设施和教育。

3.With a double-barreled bond, investors have a lower risk compared to traditional bonds.

与传统债券相比，双重担保债券为投资者提供了更低的风险。

4.Investors are often attracted to a double-barreled bond because it provides both security and yield.

投资者通常被双重担保债券吸引，因为它既提供安全性又提供收益。

5.The double-barreled bond market has seen significant growth in recent years due to low interest rates.

由于低利率，双重担保债券市场近年来见证了显著增长。

作文

In the world of finance, various instruments are utilized to raise capital and manage investments. Among these, the term double-barreled bond refers to a unique type of bond that is backed by two revenue sources. This dual backing provides investors with an added layer of security, making it an attractive option for those looking to invest in municipal bonds or other types of debt securities. Understanding the mechanics and benefits of a double-barreled bond can be crucial for both investors and issuers alike. A double-barreled bond typically arises when a municipality issues a bond that is secured by two distinct revenue streams. For example, a city might issue a bond that is backed by both property taxes and revenue generated from a local utility. This structure not only diversifies the risk associated with repayment but also enhances the creditworthiness of the bond. Investors are more likely to feel secure knowing that if one revenue source falters, there is another to fall back on. The appeal of double-barreled bonds lies in their ability to attract a wide range of investors. Conservative investors, who prioritize safety, may find these bonds particularly appealing due to their dual backing. On the other hand, more aggressive investors might appreciate the potential for higher returns compared to traditional single-revenue bonds. In this way, double-barreled bonds serve as a bridge between different investor profiles, allowing for a broader market participation. From the issuer's perspective, issuing a double-barreled bond can lead to lower interest rates compared to single-backed bonds. This is because the perceived risk is lower when there are multiple sources of revenue ensuring repayment. Consequently, municipalities can save on interest costs, freeing up funds for essential services and infrastructure projects. This financial flexibility can significantly impact a community’s growth and development. However, while double-barreled bonds offer numerous advantages, they are not without risks. The reliance on two revenue streams means that if either source underperforms, it could jeopardize the bond's repayment. Investors must conduct thorough due diligence to assess the reliability of both revenue sources before committing their funds. Additionally, economic downturns can affect both property values and utility revenues, leading to potential challenges in meeting debt obligations. In conclusion, the concept of a double-barreled bond is an important one within the realm of finance, particularly for municipal financing. By providing dual revenue backing, these bonds enhance security for investors while offering issuers the opportunity to lower borrowing costs. However, like any investment, they come with their own set of risks that must be carefully evaluated. For anyone involved in the financial markets, understanding the intricacies of double-barreled bonds can lead to more informed investment decisions and better financial outcomes. Overall, the double-barreled bond represents a sophisticated financial tool that balances risk and reward, making it a noteworthy consideration for both investors and issuers in today's complex economic landscape.

在金融世界中，各种工具被用于筹集资本和管理投资。在这些工具中，术语双重担保债券指的是一种独特的债券，受到两种收入来源的支持。这种双重担保为投资者提供了额外的安全保障，使其成为那些希望投资于市政债券或其他类型债务证券的人的吸引选择。理解双重担保债券的机制和好处对于投资者和发行者都至关重要。双重担保债券通常是在一个市政当局发行的债券，其由两个不同的收入来源担保。例如，一个城市可能会发行一项债券，该债券由物业税和当地公用事业产生的收入共同担保。这种结构不仅分散了与偿还相关的风险，还增强了债券的信用度。投资者更有可能感到安全，因为如果一个收入来源出现问题，还有另一个可以依赖。双重担保债券的吸引力在于它们能够吸引广泛的投资者群体。优先考虑安全性的保守型投资者可能会因其双重担保而特别喜欢这些债券。另一方面，更具攻击性的投资者可能会欣赏与传统单一收入债券相比的潜在更高回报。通过这种方式，双重担保债券充当了不同投资者特征之间的桥梁，允许更广泛的市场参与。从发行者的角度来看，发行双重担保债券可以导致比单一担保债券更低的利率。这是因为，当有多个收入来源确保偿还时，感知风险较低。因此，市政当局可以节省利息成本，为基本服务和基础设施项目释放资金。这种财务灵活性可以显著影响社区的增长和发展。然而，尽管双重担保债券提供了许多优势，但它们并非没有风险。对两个收入来源的依赖意味着，如果任一来源表现不佳，可能会危及债券的偿还。投资者必须进行彻底的尽职调查，以评估两个收入来源的可靠性，然后再决定是否投入资金。此外，经济衰退可能会影响物业价值和公用事业收入，从而导致满足债务义务的潜在挑战。总之，双重担保债券的概念在金融领域，特别是市政融资中，是一个重要的概念。通过提供双重收入担保，这些债券增强了投资者的安全性，同时为发行者提供了降低借款成本的机会。然而，与任何投资一样，它们也伴随着一系列必须仔细评估的风险。对于任何参与金融市场的人来说，理解双重担保债券的复杂性可以导致更明智的投资决策和更好的财务结果。总体而言，双重担保债券代表了一种平衡风险和回报的复杂金融工具，使其成为当今复杂经济环境中投资者和发行者值得考虑的重要选择。