par issue

简明释义

平价发行

英英释义

A term used in finance and investing that refers to a security being issued at its face value, typically in the context of bonds or stocks.

一个在金融和投资中使用的术语,指的是证券以其面值发行,通常在债券或股票的背景下。

例句

1.We need to address the par issue 平常问题 before moving forward with the proposal.

在继续推进提案之前,我们需要解决这个par issue 平常问题

2.The team encountered a par issue 平常问题 during the development phase.

团队在开发阶段遇到了一个par issue 平常问题

3.The feedback indicated a par issue 平常问题 with the user interface design.

反馈表明用户界面设计存在一个par issue 平常问题

4.The project was delayed due to a par issue 平常问题 that could have been easily resolved.

由于一个可以轻易解决的par issue 平常问题,项目被延迟了。

5.It's important to identify any par issue 平常问题 that may arise in the early stages.

识别在早期阶段可能出现的任何par issue 平常问题是很重要的。

作文

In the world of finance, the term par issue refers to a situation where a bond or security is issued at its face value. This means that the price at which the security is sold to investors is equal to its nominal value. Understanding the concept of par issue is crucial for both investors and issuers alike, as it plays a significant role in how securities are valued and traded in the market. When a bond is issued at par, it typically offers a fixed interest rate, which can be an attractive option for investors looking for stable income streams.For instance, consider a company that decides to raise capital by issuing bonds. If the company issues a bond with a face value of $1,000 at a par issue price, investors will pay exactly $1,000 for the bond. This means that the bond will pay interest based on this face value, and when the bond matures, the investor will receive the full $1,000 back. The simplicity of a par issue allows investors to easily assess the potential returns against their risk tolerance.However, not all bonds are issued at par. In some cases, market conditions may lead to a bond being issued at a premium or a discount. A bond issued at a premium sells for more than its face value, while a bond issued at a discount sells for less. These variations can occur due to changes in interest rates, the creditworthiness of the issuer, or overall market demand for the bond. When interest rates rise, for example, existing bonds with lower rates become less attractive, leading to a decrease in their market price, which could result in a discount on new issues.The implications of a par issue extend beyond just the initial sale of the bond. Investors who purchase bonds at par can expect to receive regular interest payments throughout the life of the bond, which is generally referred to as the coupon payment. This predictable income stream is one of the main reasons why many investors include bonds in their portfolios, especially those seeking to balance risk and return. Moreover, the return of the principal at maturity provides an additional layer of security for investors.Furthermore, understanding the dynamics of a par issue is essential for portfolio management. Investors need to be aware of how changes in interest rates can affect the value of their bond holdings. If interest rates rise after a bond has been purchased at par, the bond's market value may decline, leading to potential losses if the investor decides to sell before maturity. Conversely, if interest rates fall, the bond may appreciate in value, allowing the investor to sell it at a profit.In conclusion, the concept of par issue is fundamental in the realm of finance, particularly in the bond market. It represents a straightforward method of issuing securities at their face value, providing clarity for both issuers and investors. By comprehending the nuances of par issue, investors can make more informed decisions regarding their investment strategies, ultimately contributing to better financial outcomes. As the market continues to evolve, staying informed about terms like par issue will remain vital for anyone involved in investing or financing activities.

在金融世界中,术语par issue指的是债券或证券以其面值发行的情况。这意味着证券出售给投资者的价格等于其名义价值。理解par issue的概念对于投资者和发行者都至关重要,因为它在证券的估值和市场交易中发挥着重要作用。当债券以面值发行时,它通常提供固定的利率,这对于寻求稳定收入来源的投资者来说可能是一个有吸引力的选择。例如,考虑一家决定通过发行债券来筹集资本的公司。如果该公司以面值为1,000美元的价格进行par issue,投资者将支付正好1,000美元购买该债券。这意味着该债券将根据该面值支付利息,并且在债券到期时,投资者将收到全额1,000美元。par issue的简单性使投资者能够轻松评估潜在回报与风险承受能力之间的关系。然而,并非所有债券都是以面值发行的。在某些情况下,市场条件可能导致债券以溢价或折扣发行。以溢价发行的债券以高于其面值的价格出售,而以折扣发行的债券则以低于其面值的价格出售。这些变化可能是由于利率变化、发行人的信用状况或市场对债券的整体需求造成的。例如,当利率上升时,现有利率较低的债券变得不那么吸引人,从而导致其市场价格下降,这可能导致新发行的债券以折扣出售。par issue的影响不仅限于债券的初始销售。以面值购买债券的投资者可以期待在债券的整个生命周期内获得定期的利息支付,这通常被称为票息支付。这种可预测的收入流是许多投资者将债券纳入其投资组合的主要原因之一,尤其是那些寻求平衡风险和回报的投资者。此外,到期时本金的返还为投资者提供了额外的安全保障。此外,理解par issue的动态对于投资组合管理至关重要。投资者需要意识到利率变化如何影响其债券持有的价值。如果在以面值购买债券后利率上升,该债券的市场价值可能会下降,如果投资者决定在到期前出售,可能会导致潜在损失。相反,如果利率下降,该债券可能会升值,使投资者能够以盈利的价格出售。总之,par issue的概念在金融领域,特别是在债券市场中是基础。它代表了一种以面值发行证券的简单方法,为发行者和投资者提供了清晰度。通过理解par issue的细微差别,投资者可以更明智地做出有关其投资策略的决策,从而最终促进更好的财务结果。随着市场的不断发展,了解像par issue这样的术语对任何参与投资或融资活动的人仍然至关重要。

相关单词

par

par详解:怎么读、什么意思、用法