retirement of bonds

简明释义

债券回收

英英释义

The retirement of bonds refers to the process of paying off or redeeming bonds before their maturity date, typically by the issuer returning the principal amount to bondholders.

债券的退休是指在到期日之前偿还或赎回债券的过程,通常是由发行方将本金金额返还给债券持有者。

例句

1.Due to market conditions, the retirement of bonds 债券的赎回 was postponed.

由于市场条件,债券的赎回 retirement of bonds被推迟。

2.The retirement of bonds 债券的赎回 will take place at the end of the fiscal year.

债券的赎回 retirement of bonds将在财政年度结束时进行。

3.The company announced the retirement of bonds 债券的赎回 to improve its financial stability.

公司宣布了债券的赎回 retirement of bonds以改善其财务稳定性。

4.Investors were pleased with the retirement of bonds 债券的赎回 as it indicated a strong cash flow.

投资者对债券的赎回 retirement of bonds感到满意,因为这表明现金流强劲。

5.The firm used the proceeds from its new equity issue to fund the retirement of bonds 债券的赎回.

该公司利用新股发行的收益来资助债券的赎回 retirement of bonds

作文

The financial world is filled with various terms and concepts that can often seem daunting, especially for those who are new to investing or finance. One such term is the retirement of bonds, which refers to the process of redeeming or paying off bonds before their maturity date. Understanding this concept is crucial for investors, as it plays a significant role in managing a bond portfolio effectively.To begin with, bonds are debt securities issued by corporations or governments to raise capital. When an investor purchases a bond, they are essentially lending money to the issuer in exchange for periodic interest payments and the return of the principal amount at maturity. However, there are instances when issuers may choose to retire their bonds early. This can occur for several reasons, including favorable market conditions or changes in interest rates.The retirement of bonds can be executed in different ways. One common method is through a call option, which allows the issuer to redeem the bonds at a predetermined price before the maturity date. This is often beneficial for the issuer if interest rates have fallen since the bond was issued. By retiring the old bonds and potentially reissuing new ones at a lower interest rate, the issuer can reduce their overall borrowing costs.For investors, the retirement of bonds can have both positive and negative implications. On one hand, if an investor holds a bond that is called, they will receive their principal back sooner than expected, along with any accrued interest up to that point. This can provide liquidity and allow the investor to reinvest the funds elsewhere. On the other hand, if the bond is retired when interest rates are low, the investor may find it challenging to reinvest the returned capital at a comparable yield.Moreover, the retirement of bonds can also affect the overall market dynamics. When many issuers choose to retire their bonds, it can lead to a decrease in supply in the bond market, potentially driving up prices and lowering yields. This phenomenon can create a ripple effect, influencing investor behavior and market trends.It is essential for investors to stay informed about the bonds they hold and the potential for retirement of bonds. Regularly reviewing bond covenants and understanding the conditions under which bonds can be called or retired will help investors make informed decisions. Additionally, diversifying a bond portfolio can mitigate the risks associated with early retirement, ensuring that not all investments are impacted simultaneously.In conclusion, the retirement of bonds is a critical concept in the world of finance that every investor should understand. By grasping how it works and its implications, investors can better navigate their bond investments and make strategic decisions that align with their financial goals. Whether considering purchasing new bonds or managing existing holdings, knowledge of bond retirement will enhance an investor's ability to respond to changing market conditions effectively.

金融世界充满了各种术语和概念,对于那些刚接触投资或金融的人来说,这些术语往往显得令人畏惧。其中一个术语是债券的赎回,指的是在到期日之前赎回或偿还债券的过程。理解这一概念对投资者至关重要,因为它在有效管理债券投资组合中发挥着重要作用。首先,债券是由公司或政府发行的债务证券,用于筹集资金。当投资者购买债券时,他们实际上是在借钱给发行者,以换取定期的利息支付和到期时本金的返还。然而,发行者有时会选择提前赎回其债券。这可能是由于多种原因,包括有利的市场条件或利率变化。债券的赎回可以通过不同的方式进行。一种常见的方法是通过可赎回选项,这允许发行者在到期日前以预定价格赎回债券。如果自债券发行以来利率下降,这对发行者来说通常是有利的。通过赎回旧债券并可能以较低的利率重新发行新债券,发行者可以降低整体借款成本。对于投资者而言,债券的赎回可能带来积极和消极的影响。一方面,如果投资者持有的债券被赎回,他们将比预期更早地收到本金,以及截至那时的任何应计利息。这可以提供流动性,并允许投资者在其他地方再投资资金。另一方面,如果债券在利率较低时被赎回,投资者可能会发现很难以相当的收益率再投资返回的资本。此外,债券的赎回还可能影响整体市场动态。当许多发行者选择赎回债券时,这可能导致债券市场供应减少,从而推动价格上涨、收益率下降。这种现象可能产生连锁反应,影响投资者行为和市场趋势。投资者必须保持对所持债券及其可能赎回情况的了解。定期审查债券契约并了解债券可以被赎回或赎回的条件,将帮助投资者做出明智的决策。此外,分散债券投资组合可以减轻与提前赎回相关的风险,确保不是所有投资都同时受到影响。总之,债券的赎回是每个投资者都应该理解的重要概念。通过掌握其运作方式及其影响,投资者可以更好地驾驭债券投资,并做出符合自身财务目标的战略决策。无论是考虑购买新债券还是管理现有持有,了解债券赎回将增强投资者有效应对市场变化的能力。

相关单词

retirement

retirement详解:怎么读、什么意思、用法