贖票率 的英文怎麼說
中文拼音 [shúpiàolǜ]
贖票率
英文
retirement rate-
Strong investor demand has supported an increase in the issuance of long - dated private sector debt in hong kong. low interest rates induced demand for structured products offering yield enhancement features such as step - up coupons and call options
低利率環境使附有提高收益特點的特別結構債券的需求上升，附有步升票面息率及贖回選擇權的債券都是其中的一些例子。Convertible bond is a convertible financing tool between bond and stock, convertible bond concurrently have features of bond, stock and option. its issue - clauses include interest rate, convertible ratio and convertible price, convertible date, call provision, put provision, strike - price - adjusted provision etc, convertible bond can reduce corporate financing cost and improve capital structure, investor can share corporate performance and income of convert bond
可轉換債券是一種介於債券和股票之間的可轉換融資工具，可轉換債券兼具了債券、股票和期權的特徵。可轉換債券發行條款包括票面利率、轉換比率和轉換價格、轉換期、贖回條款、回售條款、向下修正條款及強制轉股條款等等；發行可轉換債券降低了公司融資成本和改善債務結構，投資者可以分享發行人業績增長和股票價格的上漲帶來的轉股收益。Taking convertible options and callable options as examples respectively, the paper analyses the influence of embedded options, caused by the change in stock price and interest rate, on corporate bond ' s value. then, proposes methods of valuating approximately the influence
本文分別以可轉換期權和可提前贖回期權為例，分析了由於股票價格及利率變化所帶來的嵌入期權的變化對公司債券價值造成的影響，即公司債券價值的敏感性，提出了大致估價這種影響的方法。Although original conversion price has a significant infection in convertible bond issuance, there are many other factors that has it ' s effects here also, such as issue time, interest rate, redeem clause, return clause, etc. all these factors will be discussed in last chapter
雖然初始轉換價格對可轉換債券發行成功與否有著重要的影響，但除此之外，發行時機、票面利率、贖回條款和回售條款等也對可轉換債券發行成功與否有著直接的影響。對這些影響因素，都在本文的最後一章作了說明。分享友人