If you wanted to have a real frame, then you would index to the consumer price index or some other inflation index.

如果你想以实物框架理念来看的话，你就得将消费物价指数或者,其它通胀指数考虑在内。

耶鲁公开课 - 金融市场课程节选

With an indexed bond you don't have to do this calculation to get the real rate.

对于物价指数债券,你无需,通过以上计算得到实际利率

耶鲁公开课 - 金融市场课程节选

In my final slide is a picture of the first indexed bond; this is issued by the State of Massachusetts I actually own this bond.

最后一张幻灯片是,第一支物价指数债券的照片,这是麻省州政府发行的,其实我收藏了这张债券

耶鲁公开课 - 金融市场课程节选

They're both deflated by the Consumer Price Index or, in the case of the UK, the Retail Price Index to give us a real home price.

两地指数均扣除了消费者价格指数,谈到伦敦房价,零售物价指数能够反映实际房价

耶鲁公开课 - 金融市场课程节选

Finally, I just want to say that we have also a kind of bond called an indexed bond, which is a bond whose coupons are indexed to inflation.

最后一点是,一种叫物价指数债券的债券,这种债券的票息被通胀指数化了

耶鲁公开课 - 金融市场课程节选

It says the price index contained this amount of beef, this amount of sheep wool, this amount of sole leather, and this amount of corn; that was the first consumer price index ever used for financial contracts.

指数中包括这些数量的牛肉,这些数量的羊毛,这些数量的鞋底皮,这些数量的玉米,这是在金融合约里出现的,第一个消费者物价指数

耶鲁公开课 - 金融市场课程节选

We now have something else called the Consumer Price Index.

而我们现在有了所谓的,消费者物价指数CPI

耶鲁公开课 - 金融市场课程节选