convertible bond

简明释义

可转换债券

英英释义

例句

1.Investors often prefer a convertible bond 可转换债券 because it offers the potential for equity participation.

投资者通常更喜欢可转换债券，因为它提供了参与股权的潜力。

2.When interest rates fall, the value of a convertible bond 可转换债券 tends to increase due to its conversion feature.

当利率下降时，可转换债券的价值往往会因其转换特性而增加。

3.The company issued a convertible bond 可转换债券 to raise capital while giving investors an option to convert to stock.

该公司发行了一种可转换债券以筹集资金，同时给投资者一个转换为股票的选择。

4.A convertible bond 可转换债券 can be a safer investment compared to common stocks.

与普通股票相比，可转换债券可以是一个更安全的投资。

5.Many tech companies utilize convertible bonds 可转换债券 to attract investors while minimizing immediate dilution.

许多科技公司利用可转换债券来吸引投资者，同时最小化即时稀释。

作文

In the world of finance, investors are constantly seeking opportunities that provide a balance between risk and return. One such investment vehicle that has gained popularity over the years is the convertible bond. A convertible bond is a type of bond that can be converted into a predetermined number of the company's equity shares, usually at the discretion of the bondholder. This unique feature allows investors to enjoy the benefits of fixed-income securities while also having the potential for capital appreciation through equity conversion.The appeal of convertible bonds lies in their hybrid nature. On one hand, they function like traditional bonds, offering regular interest payments and a promise to return the principal amount at maturity. On the other hand, they provide an option to convert into stocks, which can lead to significant gains if the company's share price increases. This dual characteristic makes convertible bonds particularly attractive during bullish market conditions when stock prices are expected to rise.Investors who opt for convertible bonds benefit from lower volatility compared to direct equity investments. Since convertible bonds pay interest, they provide a cushion against market downturns. If the stock prices fall, the bondholder can still receive interest payments and recover their initial investment upon maturity, thus reducing the overall risk involved.However, it is essential to understand that convertible bonds are not without risks. The conversion feature may lead to dilution of existing shareholders' equity if many bondholders choose to convert their bonds into shares. Additionally, if the company underperforms, the value of the convertible bond may decrease, and investors could end up with a less valuable asset than they initially anticipated.When evaluating convertible bonds, investors should consider several factors, including the company's financial health, the terms of the bond, and market conditions. A strong, growing company is more likely to see its stock price rise, making the conversion feature more valuable. Furthermore, understanding the specific terms of the convertible bond is crucial, as some bonds may have restrictions on conversion or specific timelines that must be adhered to.In conclusion, convertible bonds represent a compelling investment option for those looking to diversify their portfolios. They offer a blend of fixed income and equity-like features, allowing investors to capitalize on potential stock price increases while enjoying the safety net of bond interest payments. However, like any investment, it is vital to conduct thorough research and consider personal risk tolerance before diving into the world of convertible bonds. With the right knowledge and strategy, investors can leverage these instruments to enhance their financial growth and stability.

在金融世界中，投资者不断寻求风险与收益之间的平衡机会。一种近年来越来越受欢迎的投资工具是可转换债券。可转换债券是一种可以在预定条件下转换为公司一定数量股票的债券，通常由债券持有人自行决定。这一独特特性使得投资者能够享受固定收益证券的好处，同时通过股票转换获得资本增值的潜力。可转换债券的吸引力在于它们的混合特性。一方面，它们像传统债券一样，提供定期利息支付和到期时返还本金的承诺。另一方面，它们提供了转换为股票的选项，如果公司的股价上涨，这可能会带来显著的收益。这种双重特性使得可转换债券在股市看涨的情况下特别有吸引力，因为此时股价预计会上升。选择可转换债券的投资者受益于相较于直接股票投资更低的波动性。由于可转换债券支付利息，它们为市场下跌提供了缓冲。如果股价下跌，债券持有人仍然可以收到利息支付，并在到期时收回初始投资，从而降低整体风险。然而，重要的是要理解可转换债券并非没有风险。转换特性可能会导致现有股东权益的稀释，如果许多债券持有人选择将其债券转换为股票。此外，如果公司表现不佳，可转换债券的价值可能会下降，投资者可能最终得到的资产价值低于他们最初的预期。在评估可转换债券时，投资者应考虑几个因素，包括公司的财务健康状况、债券条款和市场条件。强劲且增长中的公司更有可能看到其股价上涨，从而使转换特性更具价值。此外，了解可转换债券的具体条款至关重要，因为某些债券可能对转换有限制或必须遵循特定时间表。总之，可转换债券代表了一种引人注目的投资选择，适合那些希望多样化其投资组合的人。它们提供了固定收益和类似股票的特征的结合，使投资者能够利用潜在的股价上涨，同时享受债券利息支付的安全网。然而，像任何投资一样，在深入了解可转换债券的世界之前，进行全面研究并考虑个人的风险承受能力至关重要。通过正确的知识和策略，投资者可以利用这些工具来增强财务增长和稳定性。