Mr. Bernanke had argued years earlier that central banks could further reduce borrowing costs by purchasing long-term bonds. 几年前,伯南克曾表示,央行应该通过购买长期债券,进一步降低借贷成本。
Investors have taken notice: European interest rates have plunged, with German long-term bonds yielding just 0.7 percent. 投资者也注意到了:欧洲国家的利率大幅下降,德国长期国债收益率仅为0.7%。
Yields on long-term bonds are expected to rise only by about 1 per cent. 预计长期债券的收益率只会上升大约1%。
Many insurers own long-term bonds that, at amortized cost, amount to two to three times net worth. 很多保险公司拥有的长期债券按已摊销成本计算是其净资产的两到三倍。
Given the steep relationship that currently exists between short and long-term bonds, plenty of juice can be squeezed out of Treasuries, should the economy actually start flirting with a double-dip and deflation. 鉴于短期与长期债券间目前存在的陡峭关系,如果美国经济确实开始出现双底衰退和通缩的迹象,那么确实可以从美国国债中获取丰厚的回报。
In particular, investments in long-term infrastructure bonds meeting defined information disclosure standards and risk characters would be permitted for all classes of institutional investors. 特别是对投资长期基建项目债券,只要符合有关的信息披露标准和风险特征要求,就应该允许所有类型的机构投资者参与投资。
If you believe the first one, you will fear future inflation and you will sell long-term government bonds. 假如你相信第一个阵营,你会担忧未来的通胀,于是你就会卖出长期国债。
The decision of the Federal Reserve on September 21st to opt for operation twist ( buying long-term bonds and selling short-term ones) rather than another bout of full-blown quantitative easing may also have reduced inflation fears. 在9月21日美国联盟储备上做的关于选择长短期利率操作(购买长期债券和销售短期债券)而不是又一次的定量宽松政策的决定也许同样会减少对通货膨胀的担忧。
In addition, funds may be collected by issuing the long-term special bonds in the capital market. 另外还可以通过在资本市场上发行长期特种债券等其他渠道筹建资金。
Also, the Fed could offset any interest-rate impact of a Chinese pullback by expanding its own purchases of long-term bonds. 并且,美联储还会采取增加购入长期国债以抵消任何由于中国撤离可能导致的对利率的影响。
Sold long-term government bonds, the price is$ 20, and the cost is$ 2. 销售长期政府债券,售价为20美元,原成本为2美元。
If federal funds were lowered beyond a certain point, the dollar would come under renewed pressure and long-term bonds would actually go up in yield. 如果联邦基金利率降至某一特定点位以下,美元将再度面临压力,而长期(美国)国债的收益率则必将上升。
The return of the Fed as a big buyer of long-term bonds has placed a ceiling on interest rates and helps maintain downward pressure on 30-year bond yields. 美联储重新入市大举买进长期国债,给利率设置了上限,也有助于保持30年期国债收益率的下行压力。
The Fed has bought more than a trillion dollars of mortgages and long-term bonds, the value of which will fall when the economy recovers precisely the reason no one in the private sector is interested. 美联储买入了超过1万亿美元的抵押贷款和长期债券,当经济复苏时,这些票据的价值将会缩水这正是私人部门没有人对此感兴趣的原因所在。
I have stocks, bonds, and oil but I want also to add one more final asset, we'll call it the riskless asset, long-term bonds are somewhat uncertain and variable because they're long-term. 有股票,债券和石油,我还想再增加最后一种资产,我们称之为无风险资产,由于长期债券持有期限很长,存在一定不确定性及风险。
The Federal Reserve decided to buy long-term bonds, mortgage-backed securities, and other assets with the goal of lowering effective long-term interest rates for households. 上周美联储(federalreserve)决定购买长期债券、抵押贷款支持证券和其它资产,以降低家庭长期贷款的有效利率。
China is one of the few countries that can issue the ultra long-term government bonds. 中国是当今世界能够发行超长期国债的为数不多的国家之一。
The strong performance of Treasury debt this year, with gains of 30 per cent for owners of long-term bonds alone, has left plenty of smart investors with egg on their faces. 今年美国国债表现强劲,单是长期国债的持有者,就获得了30%的收益,这让很多自诩精明的投资者受尽了挤兑。
The Fed will also buy up to three hundred billion dollars of long-term Treasury bonds. 美联储也将收购高达3000亿美元的长期国库券。
Traders expect the Fed to begin tapering its purchases of long-term bonds in September, or by December at the latest, but short-term bond yields suggest a growing confidence that this will not quickly be followed by a rate rise. 交易员们预计,美联储将在9月,或最迟在12月,开始逐渐缩减长期债券的购买量,但是短期债券收益率暗示,各方越来越有信心认为,在这之后不会很快加息。
The Fed has been running ultra-loose monetary policies since late 2008 and interest rates on long-term bonds are already extremely low. 美联储自2008年底以来一直在施行过分宽松的货币政策,长期国债利率现已处于极低水平。
Last week, the Fed announced the latest variant in its home-spun version of ZIRP: the so-called 'twist' operation, a move that sees it purchasing long-term bonds and mortgage securities, in place of short-term term debt and government bonds. 近期,美联储宣布实施“扭转”操作美国版零利率政策的最新表现形式:即购买长期债券和抵押贷款证券,并卖出短期债券和政府债券。
The Bank of Japan last week announced it aimed to double its monetary base over two years through the aggressive purchase of long-term bonds, in a shift from previous policy. 日本央行(BoJ)上周宣布打算大举购入长期债券,在两年内将其货币基础扩大一倍,这与以往政策相比有所转变。
Since coke can issue long-term bonds at just over 4 per cent, equity is only 1.6 percentage points more costly. 由于可口可乐能够以略高于4%的收益率发行长期债券,发行股票的成本仅高出1.6个百分点。
The Pricing of Long-term Bonds 长期债券定价
The medium-term bonds are more liquid than the long-term bonds. 中期国债流动性好于长期国债;
Meanwhile, the finance should positively bear the costs of reform and pay the costs of the changes during the transition economy by issuing long-term bonds. 财政要积极承担改革成本,可用发长债的收入直接支付改革过程中的转轨代价。
The Study on that Long-Term Bonds are Risk-free Assets for Long-Term Investors 关于长期债券是长期投者无风险资产的研究
In the analysis of long-term assets management it introduces the fixed assets management 、 long-term bonds management and stock investment management. 在长期资产的管理分析中,主要介绍了固定资产的管理、长期债券与股权投资。