风险贴水(也称风险溢价),指的是风险规避者为规避风险而愿意付出的货币数额。 风险贴水的大小取决于风险状况,风险越大,则风险贴水越高,反之亦然。 风险升水(贴水):具有同等效用的无风险收入与风险收入的差额。 同等效用的无风险收入小于风险收入的差额为风险升水。 同等效用的无风险收入大于风险收入的差额为风险贴水。
阿根廷国债的风险贴水在过去一个月中下降了超过百分之三。
The risk premium on Argentina's bonds has fallen by more than three percentage points over the past month.
一个可能的解释就是,外汇投资者除了期望汇率变化产生的利润外,还希望得到风险贴水。
One possibility is that investors demand a risk premium, separate from the better interest rate, to compensate them for investing in a foreign currency.
投资人担心提议中的拯救方案将会停滞不前,因而希腊国债的利差(与德国国债相较的风险贴水)达到了十三年来的高点。
Spreads on Greek government bonds (the risk premium compared with German bonds) reached a 13-year high as investors worried that the proposed rescue plan for Greece could stall.
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