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Examples include securities such as "callable bonds"and "puttable bonds". “买回债券”和“卖回债券”便是例子。
Examples include securities such as "callable bonds" and "puttable bonds". “买回债券”和“卖回债券”便是例子。
A puttable bond is a plain vani-lla bond with an option for the investors to sell or put the bond to the issuer at a date before maturity. 至于“卖回债券”则让投资者在到期前把债券卖给发行机构。
Abstract：Callable bonds can be decomposed into bond and bond’s call option, while puttable bonds can be decomposed into bond and bond’s put option. 摘要: 摘要：可赎回债券可以分解成普通债券和债券看涨期权的组合，可回售债券可以分解成普通债券和债券看跌期权的组合。
We use BDT model to price the callable and puttable bonds issued by China Development Bank since 2001. It is found out that callable bonds are overvalued, while puttable bonds are undervalued. 本文使用BDT模型对国家开发银行自2001年以来发行的可赎回债券和可回售债券定价,结果发现可赎回债券被高估,而可回售债券被低估。
We use BDT model to price the callable and puttable bonds issued by China Development Bank since 2001.It is found out that callable bonds are overvalued, while puttable bonds are undervalued. 本文使用BDT模型对国家开发银行自2001年以来发行的可赎回债券和可回售债券定价,结果发现可赎回债券被高估,而可回售债券被低估。
On Pricing of Callable Bonds and Puttable Bonds Issued by China Development Bank 国开行可赎回债券和可回售债券的定价探讨
Roger paid the bill by cashing in some bonds. 罗杰卖掉一些债券来付账。
A puttable bond is a plain vanilla bond with an option for the investors to sell or put the bond to the issuer at a date before maturity 至于“卖回债券”则让投资者在到期前把债券卖给发行机构。
You need a strong adhesive to bond wood to metal. 需要强力胶才能把木料粘在金属上。
How much interest will the bonds bear? 这些公债会生多少的利息呢？
The four and a half per cent bonds are in request. 利息四厘五的债券需求量大。
This glue makes a good firm bond. 这种胶水粘得很结实。
Common tastes form a bond between the two men. 共同的爱好使两人结交为朋友。
It takes courage to break the bonds of convention. 打破传统的束缚需要勇气。
He put bonds in pledge for a loan. 他将债券作抵押以取得贷款。
The current yield on municipal bonds is 10%. 当前市政债券的利润是百分之十。
puttable bonds 可回售债券
People are eager to buy government bonds. 人们急於购买政府公债。
The bond that binds the smugglers together is a rope of sand. 把走私犯联接起来的是条沙做的绳子，一碰就碎。