For example, as a preparer or user, knowing that a zero-coupon bond matures in 10 years, how do you use the implicit interest rate to compute the periodic interest expense?
例如,无论你是制作者或是使用者,要是你知道一个零票息债券10年内到期,你会如何利用隐含利率去计算出每期间的利息支出呢?
Term structure of interest rate, which is also called the yield curve, plots a set of yield to maturity of the zero-coupon bonds with different maturities.
利率期限结构,又称为收益率曲线,是指在某个时点上不同期限的零息债券到期收益率所组成的一条曲线。
In the first case, we get the local default rate and the limit of credit spreads of zero-coupon bonds at time zero.
在第一种情形下,我们得到了局部违约率以及相应的零息债券在零时刻的信用利差的极限。
Applying structural approach to modeling default risk, the pricing of default risk zero-coupon bond and a credit spread term structure under incomplete information is developed.
运用违约风险评估的结构化建模方法,在信息不完全的情形下推导了风险零息票债券的定价公式,并得到了此时信用利差的期限结构。
Bonds that do not pay interest are called zero coupon bonds.
不付息的债券叫做零息债券。
But gold generates no income. It is, in a sense, a perpetual zero coupon bond. So valuing it isn't easy.
但黄金不能带来收入。从某意义来说,黄金是一种永续的零息债券。因此对其进行估值并不容易。
The term structure of interest rates describes the relationships between the yields of zero coupon bonds and their terms to maturity.
利率期限结构描述了不同期限零息债券的收益率及其与到期期限之间关系。
There are two kinds of methods for deduction of zero coupon bond yield curve: direct method and indirect method.
直接法和间接法是零息票债券收益率曲线推导的两种方法。
It also helps to mark out the pricing formulas of call option in terms of zero - coupon bond and interest - rate caps.
在该测度基础上,构造鞅过程可以对一些固定收益衍生品定价,进一步给出零息债券的欧式期权、利率上限期权的定价公式。
A zero coupon bond generally increases in value as it approaches maturity, and the return comes solely from its appreciation.
零息债券的价值随著接近到期日期而增加,而回报则完全来自升值。
Zero coupon BondA bond that is issued and sold at a discount, pays no coupons and provides payment of the face value at maturity.
零息债券打折出售的到期不支付利息只支付面值的债券。
Zero coupon BondA bond that is issued and sold at a discount, pays no coupons and provides payment of the face value at maturity.
零息债券打折出售的到期不支付利息只支付面值的债券。
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