in addition to loan business. For our bank, bond investment business can realize interest income, adjust the overall asset structure, and increase asset liquidity; for issuers, it can use bond issuance to raise funds and reduce financing costs. ...
The market for high yield (below investment-grade) corporate bonds developed in the middle 1980s. We show that, since this time, the high yield spread has had significant explanatory power for the business cycle. We interpret this finding as possibly symptomatic of financial factors at work in...
Investors should consider the investment objectives, risks, charges and expenses of the Fund/Portfolio carefully before investing. For copies of our prospectus or summary prospectus, which contain this and other information, contact your financial representative. Please read the prospectus and/or summary...
PIMCO, headquartered in Newport Beach, California, manages 1.88 trillion in assets under management as of June 30, 2024. The firm operates a Qualified Domestic Limited Partnership (QDLP) business in China, enabling them to raise capital from Chinese investors for overseas investments. 市场预期美联储...
Are nominal bonds appropriately discounted for taxes? Empirical estimates of the response of nominal interest rates to changes in inflation, the Fisher eff... William,J.,Crowder,... - 《Journal of Finance》 被引量: 92发表: 2003年 Investment Management for Taxable Investors Much of the practice...
Bonds that are not considered investment grade but are not in default are called “high yield” or “junk” bonds. These bonds have a higher risk of default in the future and investors demand a higher coupon payment to compensate them for that risk.3 ...
The investment return of a bond is the difference between what an investor pays for a bond and what is ultimately received over the term of the bond. The bond yield is the annualized return of the bond. Thus, bond yield depends on the purchase price of the bond, its stated interest ...
Business finance & the capital market The price of securities (and consequently the rate of return to funds) does not simply depend on the flow of new savings compared with the level of investment in capital projects, but on speculative movements reflecting the public's ... K Midgley,RG Burn...
How do you calculate the actual or real interest rate on a bond investment? What is the effective interest rate? Why does a bond's price decrease when interest rates increase? Why would someone buy a bond at a premium? How do you compute the selling price of a bond? Related In...
in which ABC will charge a certain fee for transactions. Given the great number of bond types and the huge data volume of the counter Treasury bond business, investors may consult ABC outlets or the ABC service hotline should they encounter any problems during the process of investment....