(英国政府发行的)有奖债券 In Britain, premium bonds are numbered tickets that are sold by the government. Each month, a computer selects several numbers, and the people whose tickets have those numbers win money.
A CDs is just a contract between a buyer, who pays a premium, and a seller, who will make a payment to the buyer if a bond default occurs. CDS只是一份合同,买家支付保费,卖家在出现债券违约时向买家支付本息。
The rising risk premium is visible even in the bond market, where yields on highly rated paper have fallen because of PBoC cash injections, while spreads against lower-rated bonds have risen. 日益上升的风险溢价甚至在债券市场也很明显,由于央行注资,高评级的债券收益率一直下滑,其与评级较低的债券的利差一直上升。
That has driven down the liquidity premium in the bond market ( and pushed yields lower). 那已降低了债券市场上的流动性溢价(使得产量更低)。
A premium bond will have a lower current yield compared to it's coupon rate and a discount bond will have a higher current yield than it's nominal rate. 一个溢价债券将有一个比较,它的票面利率和折扣债券将有较高的产量比目前的名义利率较低的当前收益率。
Premium: The market value of a bond which is above its face value. 溢价:债券的市场价超过票面价值。
Bonds sell at a premium when the contract interest rate on the bond exceeds the market rate for similar bonds. 当债券的合同利率高于相似债券的市场利率时,债券溢价发行。
Research on New Amortization Method with the Premium or Discount of Bonds Probe into the Practical Rate Amortization in Bond's Premium Price and Conversion into Money 债券溢(折)价摊销新方法探讨债券溢折价实际利率摊销法的再探讨
Lastly, the author brings forward that the combination of pricing and first-day dealing price is very necessary. Empirical Study on the Premium Rate of First-day Traded Price of Convertible Bond 最后,本文结合公司上市首日的交易价格提出了自己的观点,认为IPO定价的研究应结合发行价与首日交易价格进行。可转换债券上市首日溢价的实证分析
Then, from the view of the external finance premium, this paper analyses the theory of relationship between the corporate bond credit spread and economic growth by constructing partial equilibrium model and general equilibrium model. 然后,从外部融资溢价角度构建出局部均衡模型和一般均衡模型对企业债信用价差与经济增长信息进行理论分析。
This study shows that there exists a stable relationship between the liquidity risk and yield spreads of our corporate bonds, thus there exists liquidity premium in our corporate bond market. 研究得出,我国公司债券利差与流动性风险之间存在稳定的相关关系,可见我国公司债券市场确实存在流动性溢价。