针对嵌入期权的影响,探讨了随机免疫方法和基于套期保值策略的金融工程手段这两种公司债券利率风险管理策略。
Accounting for the influence, explores a stochastic immunization method and financial engineering approaches based on hedging, which are two kinds of interest rate risk management strategies.
极低的短期利率也促使投资者寻找更高的回报进而将资金转移至如股票和公司债券的风险资产中。
Very low short-term interest rates also encourage investors to seek higher returns by moving into risky assets such as equities and corporate bonds.
较低的实际利率对今年的资产市场形成了支撑,投资者被迫购进诸如权益,公司债券甚至大宗商品等风险资产以追求更高的收益。
Low real rates have propped up asset markets this year as investors have been forced into riskier assets like equities, corporate bonds and even commodities in search of higher returns.
利率上调也会损及公司债券。
对于美国国债来说,利率上调是主要的风险;而对于公司债券、市政债券和其他债券,其相关资产的财政稳健程度又会引发另一种风险。
For Treasury bonds, rising interest rates are the main form of risk; for corporate, municipal and other bonds, the financial soundness of the underlying assets raises another kind of risk.
在1995年的日本,公司债券收益率高出公债利率不过16个基点;而在美国,该利差在上个月已高达350个基点。
In 1995 Japanese corporate-bond yields were just 16 basis points higher than government-bond yields; the spread in America last month was 350 basis points.
与此相反,由于公司债券的信用风险,个人投资者的关注,在一次利率债务上海指数大幅下跌。
In contrast, due to individual investors in the corporate bond credit risk concerns, the Shanghai index at one time rate debt fell sharply.
公司财务信息的透明程度与债券发行中所受到的利率等政策性限制的强弱决定了公司债券市场作用的大小。
The transparency of corporate financial information and the policy limitations on issuing corporate bond determine the magnitude of the corporate bond market's impact.
公司财务信息的透明程度与债券发行中所受到的利率等政策性限制的强弱决定了公司债券市场作用的大小。
The transparency of corporate financial information and the policy limitations on issuing corporate bond determine the magnitude of the corporate bond market's impact.
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