It rarely makes sense to buy at that high a price for them to be satisfied with being paid off only at par (the full value of the bond).
以这么高的价格买进,让他们满足于只按票面价值(债券的全部价值)偿付,几乎没有什么意义。
It rarely makes sense to buy at that high a price for them to be satisfied with being paid off only at par [the full value of the bond].
有银行家说,“对他们来说,以高价买入企业债券是没有任何意义的,他们只满足于以债券面值的价格买入。”
That's because bond prices aren't fixedat their par value of $1, 000, and generallysell for more or less than that amount.
原因是票面价值为1000美元的债券的价格不是固定的,而且通常它比实际数量卖掉的更多或者更少。
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