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
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
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
There are not only debt instruments that are payable in currency, but there are also indexed debt instruments that are indexed to the price level so that they give real interest rates.
债券工具,不仅仅是可以支付的货币手段,还是指数利率工具,以指数的形式表达债券的价格水平,显示出实际利率
Then finally, talk about inflation index bonds.
最后是通货膨胀指数化债券
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