查询词典 zero coupon

For example, Fullerton Global's 2003 zero coupon bond is exchangeable into Singapore Telecom shares .

fullerton环球2003年到期的债券便可对换成新电信的股票。

Or example, Fullerton Global's 2003 zero coupon bond is exchangeable into Singapore Telecom shares.

ullerton环球2003年到期的债券便可对换成新电信的股票。

For example, Fullerton Global's 2003 zero coupon bond is exchangeable into Singa-pore Telecom shares.

可转换债券让投资者有权把手上的债券转换成公司股票，而不是领回本金。

It may be issued at a discount, or it may be stripped of its coupons by a bank and then repackaged as a zero coupon bond.

这类债券可以在发行时加入折扣，或由一家银行除去息票，然后包装成为零息票债券发行

A zero coupon bond generally increases in value as it approaches maturity, and the return comes solely from its appreciation.

零息债券的价值随著接近到期日期而增加，而回报则完全来自升值。

So this paper selects national debts as our studying objects. By using principal component analysis method to study the zero coupon yield curve, we find that the movement of the curve yield can be simulated by two factors mostly, that is parallel shift and rotation. Then we quantitative them and get "synthetic parallel shift" and "synthetic rotation".

因而，本文选择了国债作为研究对象，对国债的即期收益率曲线进行主成分分析的结果表明，收益率曲线变动的总体方差绝大部分来自于两个因子的贡献，即水平因子和倾斜因子，本文对这两个因子进行量化处理，得到"综合的平移"和"综合的倾斜"，并在此基础上建立了两综合因子法对债券组合的VaR估值模型。

Section two elaborates the structure of a simple model on static yield curve of zero-coupon bond. According to the difference of constitution principle, the dissertation divides the numerous static models into direct ones and indirect ones. On the basis of setting forth the different constitution thoughts of two methods, it compares the merits, shortcomings, and the application scopes of the two methods. Spline model is the most common indirect method, and is the study emphasis of this section, especially its three key approaches that are defining the rank of function, the subinterval number to be divided, and knot of each subinterval, which are fully elaborated in the dissertation.

第二节阐述了现行静态零息票债券收益率曲线简单模型的构造，根据构造原理的不同，论文把众多静态模型划分为直接法和间接法两大类，在简述两种方法各自不同的构造思想的基础上，对两种方法的优缺点及适应范围进行了比较；分段样条函数模型作为最常用的间接法，是本节研究的重点，尤其是对它的三个关键环节：确定函数的阶数、确定所分的段数、确定各段的分解点，论文更是给予了充分的论述。

Term structure of interest rate, which is also called the yield curve, plots a set of yield to maturity of the zero-coupon bonds with different maturities.

利率期限结构，又称为收益率曲线，是指在某个时点上不同期限的零息债券到期收益率所组成的一条曲线。

Logically, a society that wanted to feel enormously prosperous would both encourage its citizens to embezzle and try not to detect the crime. By this means,"wealth" would balloon though not an erg of productive work had been done. The satirical nonsense of the bezzle is dwarfed by the real-world nonsense of the zero-coupon bond. With zeros, one party to a contract can experience "income" without his opposite experiencing the pain of expenditure.

Galbraith 教授真知卓见地点出大家应该把这个数字统计一下，加进国民财富当中，从而我们可以知道心理上的国民财富为多少，理论上一个社会若想要觉得自己经济繁荣发展就应该多多鼓励人民去贪污舞弊，并试着不要去揭发它，透过这种方式，一个国家的财富可以大幅地增长，虽然实际上它什幺有生产力的事都没做。

In our illustration, a company capable of earning only $100 million dollars annually - and therefore capable of paying only that much in interest magically creates "earnings" for bondholders of $150 million. As long as major investors willingly don their Peter Pan wings and repeatedly say "I believe," there is no limit to how much "income" can be created by the zero-coupon bond. Wall Street welcomed this invention with the enthusiasm less-enlightened folk might reserve for the wheel or the plow.

但是这种不合理的贪污舞弊，在现实社会中却被零息债券给比了下去，利用这些&零&一家公司可以大大方方靠着这纸签约，利用借款享受所带来的收入，但另外一方面却不知承担支付支出的痛苦，以我们先前提到的例子，一家每年可以赚 1 亿美元的公司，利用这种方法，在债券投资人的面前，却可以把膨胀到 1 亿 5，000 万美元，只要投资人愿意充当彼得潘，不断地说&我相信你&，只要你愿意零息债券所创造的收入是没有上限的。

As of Tuesday, Google's results were still censored in China.

截至周二，谷歌的搜索结果仍受中国审查。

In order to make the positive action increase and negative one decrease, the sub-forces of the social factors must be adjusted to form a centripetal force.

在这一过程中，人的主体性发挥是社会有机体健康发展的灵魂。