is a bond whose future value is less than the purchase value. These bonds may be trading less than what is traded in the secondary market, meaning the value has to be reduced for them to sell quickly. A discount bond can become a deep-discount bond when its selling price is ...
债券(Bond)是一种Liabilities, 从价格(price)和面值(face value/par value)相比较,分为三种: 平价债券(Par bond),典型例子:三年期面值1000的债券,Coupon rate= 10%, Market rate = 10%,于是三年的期初liability分别为1000,1000,1000(不变); 折价债券(Discount bond),典型例子:三年期面值1000的债券,Coupon ra...
As a bond premium or discount 翻译结果4复制译文编辑译文朗读译文返回顶部 As a bond premium or discount 翻译结果5复制译文编辑译文朗读译文返回顶部 Or gives a discount as the bond premium 相关内容 a中国人吃的是全熟的食品 正在翻译,请等待...[translate] ...
bond market values and price potentialpremium bonds and price volatilitycushion bonds,” and ceilingscompounding coupon reinvestmentyield spread dynamicsSummary This chapter contains sections titled: Summary and Investment Implicationsdoi:10.1002/9781118656631.ch13Sidney Homer...
How a premium bond compares to other bonds with the same face value1 Discount bondFace value bondPremium bond Price $9,432 $10,000 $12,053 Coupon (%) 2.00% 2.65% 5.00% Annual interest paid $200 $265 $500 Effective duration2 9.08 8.85 8.2 Tax-equivalent yield (%)3 4.21% 4.21% 4.2...
diBondPrices Assumemarketinterestrate Assumemarket interest rate5 Price path PremiumBondPrice path DiscountBondDiscountBondThe graph illustrates bondprices when yieldremains constant zerocoupon bond rises smoothly couponbond also rises between coupon payments coupondate reflecting couponpayment eachcoupon bond ...
Long-term debt investments as the initial investment cost of the actual cost of the investment made, the initial investment cost less the related costs and interest on bonds not yet due, and the face value of the bonds between the difference in the bond as a bond premium or discount the ...
INCREASING SPOT RATES OF INTEREST: STRUCTURE OF THE PRICE OF A DEFAULT FREE DISCOUNT BOND This paper aims to establish a set of necessary and sufficientconditions that the expression of a default free bond mustverify in a situation in which spot... S Cruz Rambaud,DCVM María - 《International...
A bond issued at a discount has its market price below the face value, creating acapital appreciationupon maturity since the higher face value is paid when the bond matures. The bond discount is the difference by which a bond's market price is lower than its face value. For example, a b...
A tax term, the amortizable bond premium refers to the excess price (the premium) paid for a bond, over and above its face value.