Driving up the price of bonds reduces their yield, and in effect the interest rate.

推高债券价格就会降低它们的收益率，结果即是降低利率。

youdao

So one possible discount rate is the state's cost of borrowing, the yield on its municipal bonds.

这样折算率就是国家的借款成本，也就是市政债券的收益率。

youdao

The fixed-rate element normally carries a higher yield than that of Treasury bonds with the same maturity.

而固定利率一般比同一期间到期的美国国债收益率高。

youdao

Here is a chart which shows the credit spread of high yield bonds vs. the default rate of high yield bonds since 1997.

FORBES: Connect

Until this year, ministries kept around 1 trillion escudos in bank accounts, where they earned a lower rate of interest than the yield on government bonds.

ECONOMIST: The public sector needs slimming down

The argument regarding inflation is almost certainly incorrect, because the yield on the bonds will be greater than the rate of inflation.

FORBES: Irish Deal Calculations: Alternative Bond Sale Scenario