2.All other things being equal, the lower the coupon rate, the greater the interest rate risk....
票息率，即coupon rate，代表债券每100元面值每年支付的利息金额。例如，若面值为100元，年化5%，则每年支付5元利息。另一方面，interest rate通常指的是收益率，即出借方要求的回报率，比如YTM（yield to maturity）。它表示的是债券到期时，投资者按当前价格买入后，直到到期能够获得的平均年化收益率。
15、d “Market Interest Rate”It implies the current rate of interest or time value of money agreed in the market. This is the appropriate discount rate for the bond valuation. The yield is changing over time, which depends on the investors risk attitudes and investment opportunities. Summer ...
1、coupon rate：票息率，面值100，年化5%，还款人每年还5块 2、interset rate：可以简单理解成YTM（...
就是一个债券买卖和收益率的对比，买进的希望价格低，卖出的希望价格高，这就相当于高买低卖，也就是做多或者做空前的价格比对。可能你书上前面或者后面还有一些关于后期买入的价格interest rate 收益率的解释和介绍。
Now, let’s consider how interest rates affect bonds. The yield of a bond is largely composed of two parts: interest rate and credit spread. While credit spread reflects idiosyncratic risks associated with individual issuers, the interest rate is the base rate for all bonds denominated in a ce...
When interest rates fall, bond prices typically rise, and there may be an opportunity to profit if an investor sells the bond before maturity. Let's assume an investor bought a bond with a 10-year maturity, a coupon rate paying 2%, and purchased it at its par value of $1,000. ...
PriceandYield-to-maturity(YTM) 600 700 800 900 1000 1100 1200 1300 1400 1500 0%2%4%6%8%10%12%14% B o n d P r i c e Yield-to-maturity(YTM) 7-7 BondPrices:Relationship BetweenCouponandYield •IfYTM=couponrate,thenparvalue=bondprice •IfYTM>couponrate,thenparvalue>bondprice –...
The opposite happens when interest rates go down; existing fixed-ratebond prices go upand new fixed-rate bond yields decline. The sensitivity of a bond's price to changes in interest rates is known as its duration. Is It Better to Buy Bonds When Interest Rates Are High or Low?
bondprice和interestrate的关系是负相关的关系。根据查询相关公开资料信息显示，bondprice和interestrate是利率和债券价格。利率和债券价格是负相关的关系，利率上升，债券价格下降，利率下降，债券价格上升。