convertible bonds 中文意思是什麼

convertible bonds 解釋
可調換債券
  • convertible : adj. 1. 可轉換的；可轉變的；可改裝的；可兌換的。2. （汽車）車篷可折起[取掉]的。n. 1. 可改變的事物。2. 敞篷車〈有活動摺篷的汽車〉。adv. -bly
  • bonds : 邦茲
  1. This paper is divided into five sections : part on : the summary of the convertible bonds. it discusses some commonsensible questions, introduces the definition, characters, fundamental components, their development in the western countries and china

    全文分為五部分：第一部分：概述這一部分，筆者對可轉換公司債券的一般常識問題進行探討，系統介紹了可轉換公司債券的概念，性質及特徵，基本要素及其在中西方的發展。
  2. As a new financing instrument, since convertible bond came to the capital market of china, becase of its speclation and investment, it was accepted by government and companies and investors convertible bond may play an important role in broadening enterprises ' financing channels, enrich the variety of investing instruments and make our security market prosperous. csrc has issued the interrelated rules for public firms issue the convertible bonds. until the end of 2001, it has 55 firms plan to issue the the convertible bonds. but by end of 2002 only 5 firms issued the convertible bonds because of investor ' worry. but in 2003, the management strengthens the security market such as some public firms just to " fold money ", the convertible bonds become the most invest tools for the public firms refinance. only if the behavior of issuing convertible bonds is normalized our security market can tend towards a mature way, social capital can be optimized, and the public firms can also develop in an ample area. this paper base on the character of the convertible bonds

    國務院證券委員會在1997年3月25日頒發了《可轉換公司債券暫行管理辦法》 ，又於2001年4月26日頒發了《上市公司發行可轉換公司債券實施辦法》關于可轉換債券的規定和條例，對上市公司發行可轉換公司債券的要求條件比配股、增發更為寬松，截止到2001年4月，有200多家上市公司夠發行可轉換債券資格，到2001年底有55家公司計劃發行可轉換債券，但受到一些上市公司通過配股、增發等「圈錢」的影響，投資者對上市公司通過發行可轉換債券再融資是不得不持審慎態度， 2002年全年僅5家公司實施了可轉換債券，共籌集資金41 . 5億元人民幣，從總體發行情況看，發行規模越來越小，利率越來越高，投資者認可程度越來越低，發行和交易狀況每況愈下。
  3. Treasury stock can be used in several ways, including supplying shares for the exercise of stock options or convertible bonds

    庫存股票有幾種用途，包括為行使股票期權或為可轉換債券提供股票。
  4. Also, the price behaviour characteristics of the pricing of the bonds are studied, especially the characteristics of some risks that affect the price of the bonds while the convertible bonds work as corporate bonds

    研究了債券的價格行為特徵。尤其探討了作為企業債的一些風險特性對債券價格的影響。
  5. The issuance of the convertible bonds provides a flexible and cost - efficient funding opportunity which is in the best interest of the group

    發行可換股債券，為本集團提供更靈活及合乎成本效益的融資機會，對集團最為有利。
  6. In the year under review, the group has issued convertible bonds of us $ 20 million to two professional outside investors, ge equity, a wholly owned subsidiary of ge capital, and diamond international services limited ( formerly known as winter flame, inc. ), a subsidiary of gems oriental & general fund ltd. such new investors will enable the group to further broaden its shareholders base and strengthen its financial position

    回顧年度期間，集團發行合共二千萬美元可換股債券予兩家專業獨立投資者，他們分別為gecapital旗下全資附屬公司geequity與gemsoriental & generalfundltd .之附屬公司diamondinternationalserviceslimited （前稱winterflame ， inc . ） 。
  7. In the year under review, the group has issued convertible bonds of us 20 million to two professional outside investors, ge equity, a wholly owned subsidiary of ge capital, and diamond international services limited formerly known as winter flame, inc., a subsidiary of gems oriental general fund ltd. such new investors will enable the group to further broaden its shareholders base and strengthen its financial position

    回顧年度期間，集團發行合共二千萬美元可換股債券予兩家專業獨立投資者，他們分別為ge capital旗下全資附屬公司ge equity與gems oriental general fund ltd .之附屬公司diamond international services limited前稱winter flame ， inc . 。新投資者的加入將有助集團進一步擴闊股東基礎，並鞏固其財政狀況。
  8. Firstly, we have to enlarge the scale of the supplying and demanding market. secondly, we can develop funds for the convertible bonds on the demanding side

    首先是需要在供給方面花大力氣擴大市場規模，然後在需求方面發展可轉換債券基金。
  9. Standard poor s awarded the convertible bonds with a " bbb - " credit rating

    標準普爾給予該批可換股債券bbb -評級。
  10. After the period end, all the outstanding convertible bonds have been exercised

    回顧期后，可換股債券已悉數兌換。
  11. China ' s convertible bonds ( cbs ) were first issued more than one decade ago by companies in need for fund. but the development of cbs is not a plain sailing ; the pace of development is very slow even after the issued of tentative administrative regulation on convertible bonds

    1997年3月25日《可轉換公司債券管理暫行辦法》發布后，市場依舊沒有得到迅速發展，並且隨著對可轉換公司債熱炒的結束，市場也漸趨冷清。
  12. If the operation of the issuer is fairly good, the option embedded the convertible bonds will probably be implemented. thus the issuer may decrease the debts and financing cost through the conversion of the bonds into stock share

    如果發行人經營良好，可轉換債券的期權將可能被執行，發行人就可以通過持有人把債券轉成股票而降低債務融資成本。
  13. Generally, the holders of the convertible bonds have two major rights : 1, they can receive a fixed cash flow during the term of conversion because the convertible bonds belong to the fixed income bonds ; 2, they can stop the fixed cash flow during the term of conversion and convert the bonds to underlying stock asset according to the formerly stipulated items and price, for the convertible bonds also belong to the affiliations of the securities

    一般的，可轉換債券持有人具有兩項主要的權利：一是作為固定收益證券，在轉債存續期內收到固定的現金流收入；二是作為股票衍生產品，在轉換期內終止固定的現金流收入，按照預先規定的品種和價格將債券轉為標的股票資產。
  14. The most common types of derivatives are futures, options, warrants and convertible bonds

    最常見的衍生商品有期貨、選擇權、認股憑證和可轉換債券。
  15. In handling the entire process of executive stock option, this article introduced “ manpower asset ”, “ manpower capital ”, “ convertible bonds convertible to executive stock option ”, “ deferred payment expenses ” and other accounting subjects, demonstrates every individual account ' s structure, and explain using an example to compare the difference between accounting systems at enterprises in general verses high tech enterprises

    在整個經理人股票期權的會計處理過程中，本文引入了「人力資產」 、 「人力資本」 、 「應付債券? ?可轉換經理人股票期權債券」 、 「遞延報酬費用」等會計科目，對每一賬戶都進行了賬戶結構示範，同時以一具體示例解釋一般企業與高新技術企業之間會計處理的差別。
  16. This section try to resolve the question of how to design the rate, the price of the convertible bonds and other fundamental components of the convertible bonds in the perspectives of optimizing the capital structure and combining the financial cost and risk rationally

    可轉債融資應從優化企業資本結構，實現較佳的融資成本與風險組合兩個角度出發，根據企業具體財務狀況，設計利率、轉換價格等要素。
  17. Convertible bonds ( or notes ) combine the safety of assured in ? terest receipts and receipt of principal on the bonds with the op ? portunity for large gains on the stock

    可轉換債券保證投資者即能安全收回債券本金和約定的利息收入，又能獲得股票高收益的機會。
  18. In a long term, listed companies get used issuing the stocks and the bonds, only few of them have attempted to utilize, the convertible bonds, which are applied extensively in the western countries

    長期以來，上市公司在證券市場上的融資渠道跟于企業普通債券和股票，可轉換公司債券鮮為人知，只有為數不多的企業進行嘗試。而在成熟市場經濟國家，可轉換公司債券是得到常規和廣泛使用的一種中長期債務。
  19. But after the safety premium and after - tax cash flow advantage are considered, the explanation of the wealth transferring effect is enhanced. the above research does not consider the restriction of hard call requirement and soft call requirement on call behavior, and the call notice period is only analyzed with experiences. therefore, starting from the pricing model and after considering the restrictions of various convertible bonds contracts, this article proceeds to build a model based on binomial tree, calculate the value of convertible bonds using the numerical method of forward shooting grid and gain the operation principle of optimal call of corporations

    上述的研究沒有考慮硬贖回要求和軟贖回要求對贖回行為的限製作用，對贖回通知期的考察也只是採取了一個經驗值來刻畫，因此本文接著從定價模型出發，在綜合考慮了各種可轉換債券合約對贖回行為的限制條款后，構建了一個基於二叉樹模型並應用向前網格射擊的數值方法來求解可轉換債券的價值，並推導出了公司的最優贖回運演算法則。
  20. Chapter four talks about the portfolio strategies of the convertible bonds

    第四章研究了可轉換債券的組合策略。
分享友人
分享到 Line

分享到臉書