| 单词 | 价格高低分析 |
| 释义 | 价格高低分析 Rich Cheap Analysis 价格高与低是以证券的定价与次级市场上可比证券的定价作参照的。价格较初次市场高便为“昂贵”，其收益率要低於条件和信用等级相似的债券。价格较初次市场低便为“便宜”，其收益率高於期限和信用风险相似的债券。 "Rich and cheap refers to the pricing of a security relative to comparable securities in the secondary market. Rich, or overvalued bonds, have lower yields than bonds with similar terms and credit ratings. Cheap, or undervalued bonds, have higher yields than paper with similar maturity and credit risk." |
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