I was quickly appointed to a post from which it was practically impossible to be fired and which offered a pension scheme with generous, index-linked benefits. 我很快被安排到一个工作岗位上,不但实际上不可能被解雇,而且还可享受一项养老金计划&可拿到数额可观且与物价指数挂钩的津贴。
As measured by index-linked gilts, they fell from about 4 per cent before 1997, to about 2 per cent between 1999 ( after the Asian financial crisis) and 2007, and then towards zero ( in the aftermath of the western financial crisis). 以通胀挂钩债券衡量,它们的收益率从1997年以前的4%左右,降至1999年(亚洲金融危机爆发之后)至2007年间的2%左右,随后又降至接近零的水平(西方金融危机爆发之后)。
Perhaps this should not really be called a bubble because the protection offered by index-linked is invaluable if you fear the worst, even if the security offers a negative real return. 或许,这其实不应被称为泡沫,因为如果投资者担心最糟糕情况,那么物价指数型产品提供的保护将是无价的,即使证券本身的实际回报率为负。
The break-even inflation rate, derived from comparing the yields on fixed and index-linked 10-year gilts, suggests that UK inflation will average about 2.6 per cent over the next decade. 源自于固定收益国债与10年期通胀挂钩债券的收益率之差的盈亏平衡通胀率(break-eveninflationrate)表明,未来10年,英国通胀率的平均水平约为2.6%。
But one measure of expected inflation the gap between yields on conventional and index-linked Treasuries has collapsed to 14 basis points. 但衡量预期通胀的一个指标传统国债与指数挂钩型国债收益率之间的差距,已下跌至14个基点。
Members of my generation won job security for themselves, and awarded themselves index-linked pensions, but we tell our successors they cannot expect such security either at work or in retirement. 我们这代人为自己争取到了工作保障,并给自己发放与物价指数挂钩的退休金,却告诉下一代人不要指望获得同样的工作保障或者退休保障。
This tracks index-linked gilts. 上述ETF追踪与指数关联的金边债券。
He explained that some utilities were selling coal index-linked further out and buying back cargoes on a fixed price basis. 他解释说一些公共机构正在出售和煤炭指数相关的远期交易而以固定的价格回购货物。
Incredibly yields on index-linked bonds were close to zero in the US, 0.12 per cent in Germany and 0.27 per cent in the UK. 令人难以置信的是,在美国,指数挂钩债券的收益率接近于零;德国为0.12%,英国为0.27%。
That seems right: inflation expectations, as revealed by rates on index-linked US debt, are very low. 这似乎是正确的:正如与指数挂钩的美国债券利率所显示的,通胀预期非常低。
Some fear stagflation, others see a risk of Japan-style deflation, but break-evens in index-linked bond markets suggest the market broadly believes these risks are under control. 一些人担心经济出现滞胀,其他人则认为可能出现日本式的通缩,但指数挂钩债券市场的平衡状况显示,市场普遍认为这些风险在控制之中。
Inflation expectations derived from index-linked gilts have veered wildly. 从物价指数挂钩金边债券得出的通胀预期经历了大起大落。
Index-linked financial product based on two kinds of investors 针对两类投资者的指数连结型金融产品
Data on conventional and index-linked gilts suggest a modest worsening of inflation expectations, though not one sufficient to justify a tightening. 关于常规英国国债和通胀指数挂钩型英国国债的数据显示,通胀预期略有恶化,尽管还不至于为此出台紧缩。
But it is likely that CIC will focus mostly on portfolio index-linked investment, according to a person familiar with the thinking of fund officials. 但据一位熟悉该公司官员想法的人士透露,中国投资公司的投资有可能主要集中在指数型投资组合方面。
What, for that matter, does the spread between conventional and index-linked bonds tell us about inflation expectations? 就这点而言,传统债券和指数挂钩债券之间的利差在通胀预期方面说明了什么?
The most recent yield on TIPS is below 2 per cent, while that on UK index-linked securities is close to 1 per cent. 通胀保护债券最近的收益率低于2%,而英国指数挂钩证券的收益率接近1%。
Adjustments to pensions and tax allowances and repayment of index-linked debt issues involving billions of pounds are affected by their resolution. 退休金和税收优惠的调整、与指数相关的债务的偿还,这些涉及数十亿英镑的问题受到了他们计算方法选择的影响。
The Theory and Practice of Index-linked Bond 指数化债券的理论与实践
The market risk can be mainly managed by using historical simulation method to forecast index-linked financial products trend, and then to predict the future volatility of financial products. 对于市场风险的管理,主要是依靠历史模拟法对理财产品挂钩的指数进行趋势预测,进而预测未来理财产品的收益波动,以此为依据进行市场风险管理。