coupon rate

简明释义

券面利率

英英释义

例句

1.A higher coupon rate typically indicates a higher risk associated with the bond.

较高的票面利率通常表明该债券的风险较高。

2.The coupon rate is fixed for the life of the bond, providing predictable income for investors.

在债券的整个生命周期内，票面利率是固定的，为投资者提供可预测的收入。

3.When issuing new bonds, companies often set a competitive coupon rate to attract investors.

在发行新债券时，公司通常设定具有竞争力的票面利率以吸引投资者。

4.The bond has a coupon rate of 5%, which means it pays $50 annually for every $1,000 invested.

这只债券的票面利率为5%，意味着每投资1000美元，每年支付50美元。

5.Investors should compare the coupon rate with current market interest rates to determine if the bond is a good buy.

投资者应将票面利率与当前市场利率进行比较，以确定该债券是否值得购买。

作文

Understanding the concept of a coupon rate is essential for anyone looking to invest in bonds or fixed-income securities. The coupon rate refers to the annual interest rate paid on a bond, expressed as a percentage of its face value. For example, if you purchase a bond with a face value of $1,000 and a coupon rate of 5%, you will receive $50 annually until the bond matures. This makes the coupon rate a crucial factor in determining the income generated from bond investments.When investors evaluate bonds, the coupon rate plays a significant role in their decision-making process. A higher coupon rate typically indicates that the bond will provide a more substantial return compared to those with lower rates. However, it is important to consider the credit quality of the issuer; a high coupon rate might suggest a higher risk of default. Therefore, understanding the relationship between the coupon rate and the issuer's creditworthiness is vital.Another aspect to consider is how the coupon rate affects the bond's market price. When interest rates in the economy rise, existing bonds with lower coupon rates become less attractive, leading to a decrease in their market prices. Conversely, if interest rates fall, bonds with higher coupon rates become more desirable, and their prices may increase. This inverse relationship between interest rates and bond prices highlights the importance of the coupon rate in the broader context of financial markets.Investors should also be aware of the difference between the nominal coupon rate and the yield to maturity (YTM). The nominal coupon rate is the stated interest rate, while YTM takes into account the total return an investor can expect if the bond is held until maturity, including any capital gains or losses. This means that even if two bonds have the same coupon rate, their YTM may differ significantly based on their purchase price and the time remaining until maturity.In conclusion, grasping the concept of the coupon rate is fundamental for investors in the bond market. It not only determines the income generated from a bond but also influences the bond's market price and overall investment strategy. By understanding the implications of the coupon rate, investors can make more informed decisions that align with their financial goals and risk tolerance. As the financial landscape continues to evolve, keeping abreast of changes in interest rates and their effects on coupon rates will remain crucial for successful bond investing.

理解票面利率的概念对于任何想要投资债券或固定收益证券的人来说都是至关重要的。票面利率是指债券每年支付的利息率，以其面值的百分比表示。例如，如果您购买一只面值为1000美元且票面利率为5%的债券，您将在债券到期之前每年收到50美元。这使得票面利率成为确定债券投资所产生收入的关键因素。当投资者评估债券时，票面利率在他们的决策过程中起着重要作用。较高的票面利率通常表明该债券将提供比低利率债券更可观的回报。然而，考虑发行人的信用质量也很重要；高票面利率可能意味着更高的违约风险。因此，理解票面利率与发行人信用度之间的关系至关重要。另一个需要考虑的方面是票面利率如何影响债券的市场价格。当经济中的利率上升时，现有的低票面利率债券变得不那么吸引人，从而导致其市场价格下降。相反，如果利率下降，具有较高票面利率的债券变得更加受欢迎，其价格可能会上涨。这种利率与债券价格之间的反向关系突显了票面利率在更广泛的金融市场中的重要性。投资者还应意识到名义票面利率和到期收益率（YTM）之间的区别。名义票面利率是指声明的利率，而YTM则考虑到如果债券持有至到期，投资者可以预期的总回报，包括任何资本收益或损失。这意味着即使两只债券具有相同的票面利率，其YTM也可能因购买价格和剩余到期时间的不同而显著不同。总之，掌握票面利率的概念对于债券市场的投资者来说是基础。它不仅决定了债券产生的收入，还影响债券的市场价格和整体投资策略。通过理解票面利率的含义，投资者可以做出更明智的决策，以符合他们的财务目标和风险承受能力。随着金融环境的不断演变，跟踪利率变化及其对票面利率的影响将继续对成功的债券投资至关重要。