Clean price

简明释义

洁净价

英英释义

例句

1.The clean price of the treasury bond rose after the interest rate announcement.

在利率公告后，国债的净价上涨了。

2.Investors often look at the clean price to assess the true cost of a bond.

投资者通常查看净价以评估债券的真实成本。

3.When trading bonds, the clean price is more relevant than the dirty price.

在交易债券时，净价比脏价更为相关。

4.The bond's clean price indicates its value without accrued interest.

债券的净价表示其不含应计利息的价值。

5.To calculate the total purchase price, add the accrued interest to the clean price.

要计算总购买价格，请将应计利息加到净价上。

作文

In the world of finance, understanding the nuances of pricing is essential for both investors and financial professionals. One key term that often arises in discussions about bond pricing is the Clean price. The Clean price refers to the price of a bond that excludes any accrued interest. This means that when an investor looks at the Clean price, they are seeing the market value of the bond itself, without the additional cost of interest that has accumulated since the last coupon payment. This concept is particularly important in the bond market because it allows for a clearer comparison between different bonds without the complicating factor of interest accumulation.When a bond is traded, it is typically sold at a price that includes both the Clean price and the accrued interest, known as the Dirty price. The Dirty price is the total price that an investor pays when purchasing a bond, which includes the Clean price plus any interest that has built up since the last coupon payment. For example, if a bond has a Clean price of $1,000, and there is $50 of accrued interest, the Dirty price would be $1,050. Understanding this distinction is crucial for investors who want to accurately assess the cost of acquiring a bond and its potential return on investment.Investors often prefer to look at the Clean price because it provides a more straightforward view of the bond's value. By focusing on the Clean price, investors can evaluate the bond's yield, duration, and credit risk without the distortion of accrued interest. This clarity is especially beneficial when comparing bonds with different coupon payment schedules or those that have been held for varying lengths of time.Moreover, the Clean price is essential for calculating the yield to maturity (YTM) of a bond. YTM is a critical measure that indicates the total return an investor can expect if the bond is held until maturity. To calculate YTM, investors need to know the Clean price, the bond's coupon payments, and the time remaining until maturity. By using the Clean price in these calculations, investors can make informed decisions about whether a bond aligns with their investment strategy and risk tolerance.In summary, the term Clean price is a fundamental concept in bond investing that represents the price of a bond without accrued interest. It allows investors to assess the intrinsic value of a bond and compare it with other investment opportunities more effectively. By understanding the difference between Clean price and Dirty price, investors can navigate the bond market with greater confidence and make choices that align with their financial goals. As the financial landscape continues to evolve, mastering terms like Clean price will remain critical for anyone looking to succeed in the world of investing.

在金融世界中，理解定价的细微差别对于投资者和金融专业人士都是至关重要的。在关于债券定价的讨论中，一个常出现的关键术语是Clean price。Clean price指的是债券的价格，不包括任何应计利息。这意味着，当投资者查看Clean price时，他们看到的是债券本身的市场价值，而不包括自上次付息以来累积的额外利息。这一概念在债券市场中特别重要，因为它允许对不同债券进行更清晰的比较，而不受利息累积这一复杂因素的影响。当债券被交易时，通常以包括Clean price和应计利息的价格出售，这被称为Dirty price。Dirty price是投资者购买债券时支付的总价格，包括Clean price以及自上次付息以来累积的任何利息。例如，如果一只债券的Clean price为1000美元，而应计利息为50美元，则Dirty price将为1050美元。理解这一区别对于希望准确评估获取债券的成本及其潜在投资回报的投资者至关重要。投资者通常更倾向于关注Clean price，因为它提供了债券价值的更直接视图。通过关注Clean price，投资者可以评估债券的收益率、久期和信用风险，而不受应计利息的扭曲。这种清晰度在比较具有不同付息时间表或持有时间不同的债券时尤其有益。此外，Clean price对于计算债券的到期收益率（YTM）至关重要。YTM是一个关键指标，表明投资者如果持有债券直到到期，可以预期的总回报。为了计算YTM，投资者需要知道Clean price、债券的票息支付和到期前的剩余时间。通过在这些计算中使用Clean price，投资者可以做出明智的决定，判断债券是否符合他们的投资策略和风险承受能力。总之，术语Clean price是债券投资中的一个基本概念，代表不包括应计利息的债券价格。它使投资者能够更有效地评估债券的内在价值，并与其他投资机会进行比较。通过理解Clean price和Dirty price之间的区别，投资者可以更自信地在债券市场中导航，并做出符合其财务目标的选择。随着金融环境的不断演变，掌握像Clean price这样的术语将继续对任何希望在投资世界中取得成功的人至关重要。