06 投资（5 / 5）
steven: yeah, but i would not like to be a speculator in the stock market. i may lose all i have. if i put my money in a bank, it's much safer. however, after several years, it may erode the real value of my money.
史蒂文：是的，但是我不想炒股，不想做一个投机者。那样我或许会失去一切。如果我把钱存在银行，会比较安全。但是，几年后，这些存款的实际购买力会下降。
jack: quite reasonable. why don't you buy bonds? it's safe and the interest is much higher than bank's.
杰克：有道理。那你为什么不买债券呢？那样比较安全，利息比银行储蓄的利息要高很多。
steven: what's bond? i only know a little about it.
史蒂文：什么是债券？我只知道一点点。
jack: it's a certificate issued by a government or a company acknowledging that money has been lent to it and will be paid back with interest. there are three kinds of bonds divided according to the different issuers: government bond, financial bond and corporate bond.
杰克：它是政府或公司发行的有息并偿还本金的债券。按照发行主体的不同可以分为以下三种：政府债券、金融债券和公司债券。
steven: can you explain these in more detail?
史蒂文：你能说得再详细点吗？
jack: of course. but we have arrived at our company. what about getting off work?
杰克：当然可以。但是我们已经到公司了。
下班后再讲好吗？
steven: ok.
史蒂文：好的。
notes
1. skyrocket ['skai?r?kit] n. 冲天火箭（烟火）；v. 使……上升；陡升，猛涨
2. lay up 储备；暂停使用；使卧床不起
3. speculator ['spekjuleit?] n. 投机者，投机商人；思索家
4. erode [i'r?ud] v. 腐蚀，侵蚀
小贴士
fixed rate bond is a bond where the coupon's interest rate remains fixed for the entire term. it pays a pre-determined coupon.
固定利率债券是指在整个债券有效期限内，债券的息票利率保持不变的债券。它支付预决息票。
floating rate note（frn）is a bond where the coupon's interest rate is changed periodically in accordance to a specific market rate.
浮动利率债券是息票利率根据一定市场利率而发生周期性变化的债券。
zero coupon bond is a bond that is issued and sold at a discount, pays no interest and provides payment of the face value at maturity. this type of bond is rare, as the entire risk to investors is concentrated at the maturity date where the principal becomes payable.
零息债券是打折出售的到期不支付利息只支付面值的债券。这种债券很少见，因为投资者的全部风险都集中在债券到期日，即付本金的时候。 ↑返回顶部↑
史蒂文：是的，但是我不想炒股，不想做一个投机者。那样我或许会失去一切。如果我把钱存在银行，会比较安全。但是，几年后，这些存款的实际购买力会下降。
jack: quite reasonable. why don't you buy bonds? it's safe and the interest is much higher than bank's.
杰克：有道理。那你为什么不买债券呢？那样比较安全，利息比银行储蓄的利息要高很多。
steven: what's bond? i only know a little about it.
史蒂文：什么是债券？我只知道一点点。
jack: it's a certificate issued by a government or a company acknowledging that money has been lent to it and will be paid back with interest. there are three kinds of bonds divided according to the different issuers: government bond, financial bond and corporate bond.
杰克：它是政府或公司发行的有息并偿还本金的债券。按照发行主体的不同可以分为以下三种：政府债券、金融债券和公司债券。
steven: can you explain these in more detail?
史蒂文：你能说得再详细点吗？
jack: of course. but we have arrived at our company. what about getting off work?
杰克：当然可以。但是我们已经到公司了。
下班后再讲好吗？
steven: ok.
史蒂文：好的。
notes
1. skyrocket ['skai?r?kit] n. 冲天火箭（烟火）；v. 使……上升；陡升，猛涨
2. lay up 储备；暂停使用；使卧床不起
3. speculator ['spekjuleit?] n. 投机者，投机商人；思索家
4. erode [i'r?ud] v. 腐蚀，侵蚀
小贴士
fixed rate bond is a bond where the coupon's interest rate remains fixed for the entire term. it pays a pre-determined coupon.
固定利率债券是指在整个债券有效期限内，债券的息票利率保持不变的债券。它支付预决息票。
floating rate note（frn）is a bond where the coupon's interest rate is changed periodically in accordance to a specific market rate.
浮动利率债券是息票利率根据一定市场利率而发生周期性变化的债券。
zero coupon bond is a bond that is issued and sold at a discount, pays no interest and provides payment of the face value at maturity. this type of bond is rare, as the entire risk to investors is concentrated at the maturity date where the principal becomes payable.
零息债券是打折出售的到期不支付利息只支付面值的债券。这种债券很少见，因为投资者的全部风险都集中在债券到期日，即付本金的时候。 ↑返回顶部↑