Imagine that an investor holds a million-dollar bond issued by Citigroup.
试想一下,假如某投资者持有花旗集团发行的100万美元债券。
The bank is this weekend considering legal action against Goldman. The charges relate to a mortgage bond issued by the bank.
本周苏格兰皇家银行正考虑对高盛采取法律措施,所指控的内容涉及高盛销售的一种抵押债券。
The convertible bond issued to the Singaporean and Middle Eastern investors will yield 9% and convert into 10.5% of UBS's stock in two years.
向新加坡和中东投资者发售的可转换债券的票面利率为9%,可在两年内转换为瑞士银行股票,折合为瑞士银行10.5%的股权。
So, if a bond was issued when interest rates were lower, they might have a 4% coupon when the prevailing rate is 6%.
所以,如果一只债券在利率很低的时候发行,在汇率为6%的的时候,它们可能有一个4%的票息。
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
The shortest term debt instrument in the United States is the Federal Funds Rate, which is an overnight rate--one day maturity-- and the longest issued by the Government is a thirty-year government bond, which will be repaid three decades in the future.
美国最短期的债券,是联邦基金利率,隔夜拆兑,一天到期,而时间最长的国债,是一种三十年期的政府债券,未来三十年才兑现
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