There is one place where both equity and fixed income investors can go to ramp up their China exposure: the flourishing convertible bond market. 有一个市场股权投资者和固定收益债券投资者都可以涉足,以扩大其所持有的中国资产规模:那就是蓬勃发展的可转换债券市场。
Steven Major, global head of fixed income research at HSBC, said the bond sell-off was driven by investor fatigue, as well as burgeoning signs of inflation and higher issuance of eurozone bonds. 汇丰(HSBC)全球固定收益研究主管斯蒂文梅杰(StevenMajor)表示,此轮债券抛售的驱动因素包括投资者疲惫、初露头角的通胀迹象,以及欧元区债券发行量加大。
But fixed income trading remains challenging, driven by banks retreating from their customary role as middle men in bond and credit derivative transactions, due to tougher capital rules. 但固定收益产品的交易仍具有挑战性,其背后的原因是,随着资本金规则收紧,各银行纷纷退出其作为债券和信贷衍生品交易中介的传统角色。
If fixed income booms again and especially if Goldman emerges as the unchallenged king of bond trading it will be on the road to a great restoration. Think of it as the Yankees capturing yet another World Series. 但是,如果固定收益市场盛景再现,尤其是高盛如果能杀出重围,成为债券交易界无可匹敌的霸主,那么这将是一条引领其走向伟大复兴的道路。
Although the exchange fund will continue to receive steady interest income from the bond portfolio, valuation effects will almost certainly produce a low, if not negative, rate of return. 尽管外汇基金会继续自债券组合中获得稳定的利息收入,但因为估值下跌的影响,回报率即使并非负数,也属偏低。
The municipal income bond takes one kind of innovation to the financial tool, may provide the new financing channel for the city infrastructure construction and huge fund gap in our country. 市政收益债券作为一种创新的金融工具,在我国可为城市基础设施建设的巨大资金缺口提供新的融资渠道。
The exemption applies to all income from investment funds from securities markets – including stock and bond trading, and interest or dividends from stock or bond investments – according to state news agency Xinhua. 国有媒体新华社报道称,这项优惠适用于投资资金从证券市场取得的所有收入,包括买卖股票、债券的差价收入,股权的利息、红利收入,债券的利息收入及其他收入。
Roughly half of the cost of the Second World War to the US was met by income tax increases, and the rest by bond issuance to a populace already hard pressed by deprivations of the 1930s Depression. 美国二战的支出约有一半来自提高所得税,其余部分则来自向民众发债,虽然30年代的大萧条已经让民众深陷窘境。
Someone whose income is from property rents or bond interest and other investments. 收入来自财产的租金或债券的利息和其它的投资的人。
Will businesses in20 years'time be producing enough income to pay the dividends and bond interest to pay baby-boomers their private-sector pensions? 在未来20年的时间里商业机构是否能创造出足以支付股息和债券利息的收入来落实婴儿潮一代的养老金问题?
These two concepts are very important for fixed income bond investors. 上述两个概念对债券投资者来说是非常重要的。
In general, the price sensitivity of a two-year fixed income bond is twice that of a one-year fixed income bond. 一般来说,两年期债券的价格变动会相等于一年期的两倍;
Most banks have boosted their fixed income and government bond desks at the expense of other areas, such as securitisation that have been hit in the wake of the financial crisis. 大多数银行已加强了自己的固定收益与政府债券部门,同时裁减了其它部门的规模,比如因金融危机而遭受打击的资产证券化部门。
For a firm not in liquidation, shareholders have claim to part of the operating income left over after taxes and interest to bond hold-ers have been paid. 即使公司没有清盘,股东也只有在公司已付给债券持有人利息后才可领到股息。
Empirical Research on quote of fixed income platform and Treasury bond yield 固定收益平台报价与国债收益率曲线实证研究
Mr Eerdmans said foreign investors could evade the tax by buying interest rate swaps or offshore global bonds instead, while foreign banks are now offering tax-free fixed income transactions linked to local bond rates. 文彼得表示,外国投资者可通过购买利率互换或离岸全球债券规避此税,而外国银行现在也正在推出与当地债券利率挂钩的免税固定收益业务。
The Income and Risk of Investment Combinations in Bond 证券投资组合的收益与风险
The factors of single child, hometown, family monthly income, the familial bond, family communication, family confliction, parents 'education, occupation and their expressiveness, all influence college students' depression and alienation state in different extent. 是否独生子女、家庭所在地、家庭月收入、家庭凝聚力、家庭沟通、家庭冲突、父母受教育程度、职业、情感表达等,对大学生的抑郁和疏离感有不同程度的影响。
In this paper, the income and risk of investment combinations in bond are discussed by the principle of probability and statistics. 本文利用概率统计原理讨论证券投资组合的收益与风险。
So the divisibility principle is nullity under the imperfect market condition, that the income of manager isn't a unique factor which bond the produce decision and the consume decision. 在不完全市场下,可分性原理失效,从而经理的收入不再是联系生产决策和消费决策的唯一因素;
The product of REITs and resemble product, compared with the income risk characteristic of stock and bond analysis show that the REITs product has the only advantage of not substitute. 对REITs产品与相似产品,与股票及债券的收益风险特性的比较分析表明,REITs产品具有不可替代的独特优势,在我国有发展REITs产品的必要性。
A brief introduction of fixed income bond portfolio theory leads to the concept of duration. Bond portfolio as well as its investment strategy is constructed according to different kinds of insurance companies or different policies. 本文首先对固定收益债券的有关理论进行了一般的介绍,引出了久期的概念并对其性质进行了讨论。保险资金或保险产品的不同需要制定不同的债券配置和投资策略。
Secondly, from the aspect of publisher and investor's income and risk, the thesis analyzed investment characteristic of the convertible bond, issue-clauses design was the essential factor for the convertible bond successful published. 其次从发行人和投资者的角度分析可转换债券的投资特征,不同的条款设计是发行人和投资者的收益和风险的均衡博弈,条款设计是可转换债券发行成功的关键因素。
There are many different kinds of bonds, each bond has unique predictor of income pricing model, bond yields have incomplete model research, caused the bond performance evaluation research significantly lags behind the equity fund performance evaluation research. 债券种类繁多,每种债券具有独特的收益预测因子定价模型,债券收益模型研究的不完善,导致了债券型绩效评估的研究明显滞后于股票型基金绩效评估的研究。
The economic situation and institutional investors such as social security funds, bond investment funds being accompanyed the step by step ough, more and more market economy people in our country are relevant with income from investment in bond market. 伴随着市场经济在我国的逐步深入,越来越多人的经济状况与社会保障基金、证券投资基金等机构投资者在证券市场中的投资收益有关。
As a primary financial tool, convertible bond has the characteristic like common bond and American option and its risk and income are also between fixed income bond and stock. 可转换债券作为一种主要的投资和融资工具,是一种兼具固定收益债券特征和美式期权属性的金融产品,其风险性和收益性介乎于普通债券和普通股票之间。
Both pulse analysis and variance decomposition analysis show that the income gap between urban and rural areas is bond to further expand due to the existence of dual economic structure, and that the gap is expected to narrow with the help of the development of tertiary industry. 脉冲分析和方差分解分析结果都显示城乡收入差距因为二元经济结构的存在进一步扩大,因为第三产业的发展而显著地缩小。
According to the principle of fixed income securities pricing, pricing a bond with parity is essentially determining its 'coupon rate which is also yield to maturity on issue day. 中期票据采用平价发行,按照固定收益证券的定价原理,平价发行的债券定价,实质上是票面利率的定价,即确定中期票据发行日的到期收益率。