1、Fixed Rate Bond
A bond where the coupon’s interest rate remains fixed for the entire term. Interest rate movements affect the bond’s price not the coupon.
固定利率債券在整個(gè)債券有效期限內(nèi)，債券的息票利率保持不變的債券。利率的變動(dòng)影響債券的價(jià)格而非息票。
2、Floating Rate Note(FRN)
A bond where the coupon’s interest rate is changed periodically in accordance to a specific market rate.
浮動(dòng)利率債券（FRN）息票利率根據(jù)一定市場(chǎng)利率而發(fā)生周期性變化的債券。
3、Zero Coupon Bond
A bond that is issued and sold at a discount, pays no coupons and provides payment of the face value at maturity.
零息債券打折出售的到期不支付利息只支付面值的債券。
4、Syndicate
A group of banks authorized to be involved as the creditor of part of loan transaction.
辛迪加被授權(quán)作為債權(quán)人參與部分貸款事務(wù)的銀行聯(lián)合組織。
5、Junk Bond
A bond that is rated by a ratings agency as being below investment grade and investment in the bond is high risk.
垃圾債券被信用級(jí)別評(píng)定機(jī)構(gòu)評(píng)定為低于投資級(jí)別的投資風(fēng)險(xiǎn)高的債券。
6、Investment Grade
Bond rated BBB and above or Baa and above by Standard & Poor’s and Moody’s Investor Service respectively
投資級(jí)別分別被標(biāo)準(zhǔn)普爾和穆迪投資者服務(wù)公司評(píng)定為BBB以上或Baa以上的債券。