discount yield

简明释义

折价收益率

英英释义

例句

1.A higher discount yield usually implies a higher risk associated with the investment.

较高的贴现收益率通常意味着与投资相关的风险较高。

2.Investors often compare the discount yield of different bonds to determine which offers a better return.

投资者通常比较不同债券的贴现收益率以确定哪种提供更好的回报。

3.The bond's discount yield indicates how much return an investor can expect based on its purchase price.

债券的贴现收益率表明投资者根据购买价格可以预期的回报。

4.When evaluating a bond, it's important to look at the discount yield alongside its credit rating.

在评估债券时，重要的是将贴现收益率与其信用评级一起考虑。

5.The discount yield is particularly useful for short-term investments, such as treasury bills.

对于短期投资，如国库券，贴现收益率特别有用。

作文

In the world of finance, understanding various terms is crucial for making informed investment decisions. One such term that often comes up in discussions about bonds and fixed-income securities is discount yield. The concept of discount yield refers to the return on an investment expressed as a percentage of the purchase price, particularly when dealing with discount securities. These are financial instruments that are sold for less than their face value. For example, if an investor buys a bond at a price lower than its par value, the difference between the purchase price and the par value represents the yield earned by the investor upon maturity. The calculation of discount yield is relatively straightforward. It can be computed using the formula: Discount Yield = (Face Value - Purchase Price) / Face Value × (360 / Days to Maturity). This formula highlights how the yield is influenced not only by the price paid for the bond but also by the time remaining until the bond matures. The shorter the time to maturity, the more significant the impact of the discount on the yield. Investors often seek out securities with a high discount yield because it indicates a potentially higher return on their investment. However, it is essential to consider the associated risks. Generally, a higher yield may suggest that the bond issuer is perceived as having a higher risk of default. Consequently, investors must balance the desire for higher returns with the risk of losing their principal investment. Moreover, the discount yield is particularly relevant in a low-interest-rate environment. When traditional interest rates are low, investors may turn to discount bonds as a way to enhance their returns. By purchasing these securities at a discount, they can lock in a yield that may be more attractive than what is available through conventional savings accounts or government bonds. It is also important to note that the discount yield does not take into account the compounding of interest, which can affect the overall return on investment. Investors who reinvest their earnings may find that their actual returns exceed the simple discount yield calculation. Therefore, while the discount yield is a useful metric for evaluating potential investments, it should be considered alongside other factors such as total return and investment strategy. In conclusion, the term discount yield plays a vital role in the financial landscape, especially for those involved in bond investing. By understanding this concept, investors can make more educated choices regarding their portfolios. The discount yield provides insight into the profitability of purchasing bonds at a discount and serves as a reminder of the importance of assessing both return and risk. As with any investment strategy, thorough research and careful consideration are key to achieving financial success. In summary, discount yield (折扣收益率) is an essential concept in the realm of fixed-income investments, enabling investors to evaluate their potential returns effectively. By mastering this term, investors can enhance their understanding of the market and make better decisions that align with their financial goals.

在金融世界中，理解各种术语对于做出明智的投资决策至关重要。其中一个常常在关于债券和固定收益证券的讨论中出现的术语是折扣收益率。折扣收益率的概念是指以购买价格的百分比表示的投资回报，特别是在处理折扣证券时。这些是以低于面值的价格出售的金融工具。例如，如果投资者以低于其面值的价格购买债券，则购买价格与面值之间的差额代表了投资者到期时获得的收益。 折扣收益率的计算相对简单。可以使用以下公式计算：折扣收益率 = (面值 - 购买价格) / 面值 × (360 / 到期天数)。这个公式突出了收益如何不仅受债券购买价格的影响，还受债券到期前剩余时间的影响。到期时间越短，折扣对收益的影响就越显著。 投资者通常寻求具有高折扣收益率的证券，因为这表明投资的潜在回报可能更高。然而，考虑相关风险也至关重要。通常，较高的收益可能表明债券发行人被认为有较高的违约风险。因此，投资者必须在追求更高回报与失去本金投资的风险之间取得平衡。 此外，折扣收益率在低利率环境中特别相关。当传统利率较低时，投资者可能会转向折扣债券作为提高回报的一种方式。通过以折扣价购买这些证券，他们可以锁定一个可能比传统储蓄账户或政府债券更具吸引力的收益。 还需要注意的是，折扣收益率并未考虑利息的复利，这可能会影响投资的总体回报。重新投资收益的投资者可能会发现他们的实际回报超过了简单的折扣收益率计算。因此，虽然折扣收益率是评估潜在投资的有用指标，但它应与总回报和投资策略等其他因素结合考虑。 总之，折扣收益率这一术语在金融领域中扮演着重要角色，尤其是对那些参与债券投资的人。通过理解这一概念，投资者可以更好地选择他们的投资组合。折扣收益率提供了有关以折扣价购买债券的盈利能力的洞察，并提醒人们评估回报与风险的重要性。与任何投资策略一样，深入研究和仔细考虑是实现财务成功的关键。 总之，折扣收益率（折扣收益率）是固定收益投资领域中的一个基本概念，使投资者能够有效评估其潜在回报。通过掌握这一术语，投资者可以增强对市场的理解，并做出更符合其财务目标的决定。