当其它国家必须用你的货币进行交易,必须储备你的货币以保护其本币价值时,你的证券就可以溢价销售。
When other countries must acquire your currency to trade, and must keep your money in reserve to protect the value of their own, your securities sell at a premium.
摩根士丹利支付给中投公司的年利率为9%(与瑞银近期发行的证券利率一致),与其税后股息相比有5个百分点的溢价。
The 9 per cent interest rate, which is line with that paid by UBS in its recent issue, represents a 5 percentage point after tax premium to its dividend.
截止1797年,美国证券的风险溢价甚至曾一度低于英国证券。
percent. By 1797, for a brief period, American securities carried a lowerrisk premium even than British securities.
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