当coupon rate>YTM时，Face Value当coupon rate购买价格当coupon rate=YTM时，Face Value=购买价格 coupon rate意思是票面利率。所谓到期收益，是指将债券持有到偿还期所获得的收益，包括到期的全部利息。到期收益率(Yield to Maturity，YTM)又称最终收益率，是投资购买国债的内部收益率，即可以使...
A current couponbondis one that is selling at a price at or close to its par value. In particular, the bond must have a coupon rate that falls within 0.5% above or below current market rates. Current coupon bonds are typically less volatile and are more liquid than other bonds with lowe...
A bond with a coupon that is close to market rates. Interest rates on bonds vary from time to time according to a number of factors, but are usually locked at issue. A bellwether issue is one with an interest rate very near to the prevailing rates, regardless of when it was issued. ...
Define Current Delivery. Current Delivery synonyms, Current Delivery pronunciation, Current Delivery translation, English dictionary definition of Current Delivery. adj. Located a short distance away; close at hand. adv. Not far away: She lives downtown
Current Coupon Bonds: Traditional “plain vanilla” bond issues where the coupon is set at a fixed rate to maturity at the time of their issuance and immediately, upon issuance, begins to accrue interest, which is payable on pre-set interest payment dates.APPENDIX AGlossary of TermsDebt Afforda...
The current return will, in most cases, not be the same as the coupon rate, or the interest rate the bond pays calculated as a percentage of its par value. For example, if the par, or face value, of a bond is $1,000 and the coupon rate is 5%, then the interest payments, or ...
Current yield on bonds:The current yield on the bonds is the simple ratio of the annual coupon to be received and the price of the bond. While the coupon rate is mostly constant, prices may change due to the change in market interest rates....
Thecurrent yield calculationhelps investors drill down on bonds that generate the greatest returns on investment each year. This is especially helpful for short-term investments. For example, if an investor buys a 6% coupon rate bond (with a par value of $1,000) for a discount of...
Spot interest rates can be used to price coupon bonds by taking each individual cash flow and discounting it at the appropriate spot rate for that year’s payment. Note that the yield to maturity is the bond’s internal rate of return that equates all cash flows to the bond’s price. ...
Nominal yield, or the coupon rate, is the stated interest rate of the bond. This yield percentage is the percentage of par value—$5,000 for municipal bonds, and $1,000 for most other bonds — that is usually paid semiannually. Thus, a bond with a $1,000 par value that pays 5% ...