第8组债券.pptVIP

bonds 债券 What bonds?债券的定义  A bond is a negotiable securities the social economic subjects commitment issued by bond investors to raise funds to certain interest periodic interest payments due on the debt repayment of principal debt certificates ?债券是一种有价证券，是社会各类经济主体为筹集资金而向债券投资者出具的、承诺按一定利率定期支付利息并到期偿还本金的债权债务凭证 Characteristics of the bond债券的特征 Repayable 偿还性 Mobility 流通性 Safety 安全性 Profitability 盈利性 Bond classification债券的分类 The main issue for Honeymooners （按发行主体分类） Government bonds ?政府债券 Financial bonds ? 金融债券 Corporate bonds ? 公司债券 Bond classification债券的分类 Classification by way of interest payment （按付息方式分类） Discount bonds ?贴现债券 Interest-bearing bonds 付息债券 Cumulative bond coupon 息票累积债券 Bond classification债券的分类 Classification by way of raise （按募集方式分类） Public offering bonds 公募债券 Private debt 私募债券 Bond classification债券的分类 Classified by the nature of guarantees （按担保性质分类） Guaranteed bonds 有担保债券 Unsecured bonds 无担保债券 Bond classification债券的分类 According to the bond line state classification （按债券行态分类） In-kind /physical bonds ?实物债券 Certificate of bond 凭证式债券 Book-entry/ inscribed bonds ?记账式债券 The basic elements of the bonds include? 债券的基本要素包括哪些？ 票面价值The par value 债券价格bond prices 偿还期限The terms of repayment 票面利率the coupon rate.  The par value 票面价值 Referred to the nominal value of the face value of the bonds, the par amount of bonds issued general set when the bond is issued, the par value of 100 yuan.债券的票面价值简称面值，是指债券发行时设定的票面金额，我国发行的债券一般是每张面值100元人民币。 债券价格bond prices. 债券价格 债券的价格包括发行价格和交易价格。债券的发行价格可能不等同于债券面值。当债券发行价格高于面值时，称为溢价发行；当债券发行价格低于面值时，称为折价发行；当债券发行价格等于面值时，称为平价发行。 bond prices. The price of the bonds, including the issue price and the transaction price.债券的价格包括发行价格和交易价格。The issue price of the bonds may not be equivalent to the face value of the bond. When the p