debenture bonds

简明释义

无担保债券

英英释义

例句

1.The government issued debenture bonds to finance infrastructure development.

政府发行了债券以资助基础设施建设。

2.Investors are attracted to debenture bonds because they offer fixed interest rates.

投资者被债券吸引，因为它们提供固定的利率。

3.Many corporations prefer debenture bonds over bank loans due to lower interest rates.

许多公司更喜欢债券而不是银行贷款，因为利率更低。

4.Before investing, make sure to understand the risks associated with debenture bonds.

在投资之前，确保了解与债券相关的风险。

5.The company issued debenture bonds to raise funds for its new project.

该公司发行了债券以为其新项目筹集资金。

作文

In the world of finance, various instruments are used to raise capital for businesses and governments. One such instrument is known as debenture bonds, which play a crucial role in the debt market. Understanding what debenture bonds are and how they function can provide valuable insights for investors and financial professionals alike. Debenture bonds are essentially long-term securities that are not backed by physical assets or collateral but rather by the creditworthiness and reputation of the issuer. This means that when investors purchase debenture bonds, they are essentially lending money to the issuer with the expectation of receiving periodic interest payments, known as coupon payments, and the return of the principal amount upon maturity. The appeal of debenture bonds lies in their fixed income nature. Investors are attracted to them because they offer a predictable stream of income through interest payments, which can be particularly appealing in times of economic uncertainty. Additionally, debenture bonds can vary in terms of their maturity dates, allowing investors to choose bonds that align with their investment strategies and risk tolerance. One of the key factors that influence the attractiveness of debenture bonds is the credit rating of the issuer. Credit rating agencies evaluate the creditworthiness of issuers based on their financial health and ability to meet debt obligations. Higher-rated issuers, such as government entities or well-established corporations, typically offer debenture bonds with lower yields due to their perceived lower risk. Conversely, lower-rated issuers may offer higher yields to compensate investors for the added risk associated with their bonds. Investing in debenture bonds also comes with certain risks. Since these bonds are unsecured, there is a possibility that the issuer could default on their payment obligations, leading to potential losses for investors. Furthermore, changes in interest rates can affect the market value of existing debenture bonds. When interest rates rise, the prices of existing bonds tend to fall, as new bonds are issued at higher rates, making the older bonds less attractive. Despite these risks, debenture bonds remain a popular choice for many investors looking to diversify their portfolios and generate steady income. They can be included in a balanced investment strategy alongside stocks, real estate, and other asset classes. Moreover, debenture bonds can be traded in the secondary market, providing liquidity for investors who may need to access their funds before the bonds mature. In conclusion, debenture bonds are an essential component of the financial landscape, offering opportunities for both issuers and investors. By understanding the characteristics, benefits, and risks associated with debenture bonds, individuals can make informed investment decisions that align with their financial goals. As the market continues to evolve, keeping abreast of changes in interest rates and issuer credit ratings will be vital for those engaged in this segment of the bond market.

在金融世界中，各种工具被用来为企业和政府筹集资金。其中一种工具被称为债券，在债务市场中发挥着至关重要的作用。理解债券是什么以及它们如何运作，可以为投资者和金融专业人士提供有价值的见解。债券本质上是长期证券，它们不以实物资产或抵押品为担保，而是以发行人的信用worthiness和声誉为基础。这意味着，当投资者购买债券时，他们实际上是在向发行人借钱，并期望定期收到利息支付（称为票息支付），并在到期时收回本金。债券的吸引力在于其固定收益特性。投资者被其吸引，因为它们通过利息支付提供可预测的收入流，这在经济不确定时期尤其具有吸引力。此外，债券可以根据它们的到期日期有所不同，使投资者能够选择与他们的投资策略和风险承受能力相符的债券。影响债券吸引力的一个关键因素是发行人的信用评级。信用评级机构根据发行人的财务状况和履行债务义务的能力来评估其信用worthiness。评级较高的发行人（如政府实体或成熟的公司）通常提供低收益的债券，因为其被认为风险较低。相反，评级较低的发行人可能会提供更高的收益，以补偿投资者所承担的额外风险。投资债券也伴随着一定的风险。由于这些债券没有担保，发行人可能会违约，导致投资者可能面临损失。此外，利率变化可能会影响现有债券的市场价值。当利率上升时，现有债券的价格往往会下降，因为新债券以更高的利率发行，使得旧债券的吸引力降低。尽管存在这些风险，债券仍然是许多希望多样化投资组合并产生稳定收入的投资者的热门选择。它们可以与股票、房地产和其他资产类别一起包含在平衡的投资策略中。此外，债券可以在二级市场交易，为需要在债券到期之前访问资金的投资者提供流动性。总之，债券是金融领域的重要组成部分，为发行人和投资者提供了机会。通过理解与债券相关的特征、好处和风险，个人可以做出与其财务目标一致的明智投资决策。随着市场的不断演变，跟踪利率和发行人信用评级的变化将对参与这一债券市场领域的人至关重要。