puttablebond可卖回债券(Puttable Bond)是一种赋予投资者在特定条件下将债券提前卖回给发行人的金融工具。它结合了固定收益产品的稳定性与期权的灵活性,适合对利率波动敏感或希望保留退出机制的投资者。下文将从其定义、运作机制、优劣势及市场应用等角度展开分析。 定义与核心特征 可卖回债券...
必应词典为您提供puttablebond的释义,网络释义: 可卖回公司债;可卖出债券;卖回权债券;
2. **可回售债券(Puttable Bond)**:持有人有权在特定时间以预定价格将债券卖回给发行人。通常在利率上升时行使,保护投资者免受债券价格下跌的影响。 两者的核心区别在于期权行使方不同(发行人 vs. 持有人),且其嵌入的期权类型分别为看涨期权(发行人权利)和看跌期权(持有人权利)。
Puttable Bondis a debt instrument structured with an embedded put option. The put option feature offers the bondholder the right, but not the obligation, to force an early repayment of the principal from the issuer. What is Definition of Putable Bond?
Puttable Bond Duration Example Advantages of Puttable Bonds For Bondholders For Issuing Company Convexity of Puttable Bond Conclusion The bondholder can exercise the right if certain conditions are met or on the occurrence of a specific event. Because of this added option, the yield on this bond ...
理解Puttable bond和Callable bond 的关系 Callable bond (可赎回债券): Gives the issuer the right to redeem all or part of the bond before the specified maturity date; Can protect issuers against decline in interest rate; Call price: the price to redeem the bond; Call provisions are beneficial...
Callablebond=non-callablebond-calloption；可赎回债券给予发行人权利，即可以在指定的到期日赎回部分或者...
想问一下在长期端利率比短期段上涨的更快的情况下,puttable bond里的put价值会上升还是下降,我觉得是下降吧,因为put和rf的关系是反向,但是不确定。添加评论 0 0 2 个答案 吴昊_品职助教 · 2024年04月16日 嗨,爱思考的PZer你好: 当市场利率上升时,债券持有人可以把债券卖回给发行人,然后将收到的资金在...
PuttableBonddoi:10.1007/0-387-26336-5_1645A bond where the holder has the right to sell it back to the issuer at certain predetermined times for a predetermined price share.Springer USEncyclopedia of Finance