(2)浮动利率债券(Floating Rate Notes,FRN)。浮动利率债券的利率定期进行调整,一般每季度或半年调整一次,其利率通常以LIBOR作为参考利率,再加...
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浮动利率定期存单与目前企业使用的浮动利率债券(floating rate note,frn)概念完全相同。只不过,由企业发行的称为债券,由银行发行的则称为大额可转让定期存单。
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浮动利率债券 Floating Rate Note ; [金融] floating rate bonds ; FRN ; floating-rate securities
固定利率债券 fixed interest securities ; Fixed Rate Bond ; Fixed-rate Bonds ; Straight Bonds
变动利率债券 variable rate note ; VRNS
可调整利率债券 readjustable bond ; rate bond
反向浮动利率债券 Inverse Floating-Rate Bonds
可调解利率债券 adjustable-rate bond
或固定利率债券 Fixed Bond
可转息浮动利率债券 Convertible FRNs
为什么他们要相信拍卖利率债券会跟现金一样稳妥呢?
Why, then, should they believe that auction-rate securities are as good as cash?
投资者,通常是对冲基金,购买这种分为不同部分的高利率债券。
Investors, typically hedge funds, buy high-coupon bonds that are often divided into tranches.
固定利率债券支付预决息票,浮动利率债券根据银行存款利率贴水支付息票。
Fixed rate bonds pay a pre-determined coupon and FRNs pay coupons at a premium above the bank's fixed deposit rate.
Now, the interest rate in Irving Fisher's world has to equate supply and demand in the market for debt.
在费雪的理论里,利率必须与,债券市场的供需关系保持平衡
If the Fed wants to push the Federal Funds Rate up and down it goes and buys short-term government bonds.
如果联邦希望推动,联邦资金利率上升下降,它将会去买短期的政府债券。
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。
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