收入债券

Bond investment is a very professional investment environment in a rate cut, your investment income, capital gains will be far more than traditional bond interest income.

债券投资是在一个降息非常专业的投资环境，你的投资收入，资本收益将远远超过传统的债券利息收入。

Coincidentally, in April this year, before the establishment of the China Shipping steady income bond fund also announced for the first time since the establishment of the dividends per share of 10 fund distributed a dividend of 0.3 yuan.

巧合的是，今年4月，前中国船舶稳定的收入债券基金的设立还宣布以来的10家基金每股分红成立以来的首次派发了0.3元红利的时间。

Another type of revenue is Interest Earned, which means the amount received as interest on notes receivable, bank deposits, government bonds, or other securities.

还有一种收入叫做"利息收入"，指的是应收票据、银行存款、政府债券或其它有价证券的利息收入。

Tianfu Department to enhance revenue bond fund manager Lu Lei analysis, this year's stock market fell in early than investors expected to be much larger, because of the nature of its economic cycle and drive.

天府署，以提高收入债券基金经理卢羸分析，今年的股市下跌，投资者比年初预计的大得多，因为它的经济周期和驱动器的性质。

According to public information, investment peace of mind Revenue Bond Fund issue size has been issued over the same period the average size of the market.

据公开信息，投资的心态和平收入债券基金发行规模已超过同期市场发行的平均规模。

Reporters, according to preliminary statistics, is being issued in the new fund has 11, including the stock-Days Hong Yong set the value of growth funds, fund Xiang Yi Fang Dakota; configuration, including Golden Eagle-dividend value of the fund in the sea Blue-chip flexible allocation of funds, fund selection strategy Fu; bond type, including 10,000 in Paris Tim Shen Po-yi bonds A + B, Yinhua Fund to enhance revenue bonds, bond fund returns Oriental sound, stable and increased profits by HSBC Jin Xin Bond Fund, the Bank of farmers Agricole, and always will benefit by bond funds, the silver-AXA to optimize revenue bond funds.

记者，据初步统计，正在发行的新基金有11个，其中包括股票天闳壅设置的价值成长型基金，基金Xiang易伐嗯达科他州，配置，包括金鹰股息基金的价值在海蓝筹灵活分配资金，基金选择策略富；债券类型，包括万巴黎添申坡义债券甲+乙，银华基金，以提高收入债券，债券型基金回报率东方的声音，由汇丰靳稀嗯债券基金，农民银行法国农业，稳定和增加利润都将受益于债券基金，银安盛优化收益债券基金。

List all direct liabilities in respect of loans, banker's acceptances, income debentures, and other loan substitutes.

列出所有直接负债方面的贷款，银行承兑，收入债券，以及其他贷款的代替品。

Bian Xiaoning said that as China's bond market liquidity and the lack of bond funds at all times to face large redemption pressure, leading to numerous open-end bond funds can not invest in some of the higher rate of return but not mobility Good products can not be obvious from the continued market pricing errors and underestimation of the product to make a profit, will not be able to carry out long-term use of leverage to enlarge the operation in order to increase the income of the Fund.

卞小宁说，作为中国债券市场流动性和资金短缺的债券在任何时候都面临着巨大的赎回压力，导致众多开放式债券基金不能投资于回报率较高，但有些没有流动性好的产品，从市场价格的持续错误和产品不能低估明显赚取利润，将无法进行长期长期使用的杠杆作用，扩大经营，以增加基金的收入。

If we closed the stock fund and open the performance of equity funds to make a comparison, from the proceeds, we can not see a particular species has a distinct advantage, but the closed-end bond funds relative in open-end bond fund returns is a very obvious advantage, in fact, the last line of this table, the latest year, closed-end bond funds as opposed to open-end fund revenue increased 22.74 percent, nearly three years is 55.43 percent, nearly five years beyond the range of more than 55.9 percent, which the middle of the main reason for this is not the manager of closed-end funds than open-end fund managers with high levels, the key lies in product differentiation, one is closed, one is open.

如果我们关闭了股票基金和开放式股票基金的表现作比较，从收益中，我们看不到某一物种具有明显的优势，但封闭式债券基金相对开放年末债券基金的回报是非常明显的优势，事实上，这个表的最后一行，最近一年，封闭式债券基金相对于开放式基金收入增长百分之22.74，是近三年百分之55.43，接近五年超出了超过百分之55.9，其中的主要原因中间是不是经理封闭比开放式水平高的封闭式基金的基金经理，关键在于产品差异范围，一个是封闭的，一个是开放的。

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。

I didn't watch TV last night, because it .

昨晚我没有看电视，因为电视机坏了。

Since this year, in a lot of villages of Beijing, TV of elevator liquid crystal was removed.

今年以来，在北京的很多小区里，电梯液晶电视被撤了下来。