A note calling for periodic payments which are insufficient to fully amortize the face amount of the note prior to maturity, so that a principal sum known as a "balloon" is due at maturity.
一种周期性付款到期前不足摊还面额的贷款,所以称作“气球”的本金额到期时需要一次付清。
A bond that delays coupon payments for the first few years but pays the accumulated interests in a lump sum at maturity.
指债券发行人将头几年的票面利息延后至到期时一笔支付。
Prior to the early 1980s, the bond market was comprised mainly of 'plain vanilla' bonds with simple cashflow structures, where coupon payments and maturity were fixed at the outset.
在80年代以前,债券一般上都相当简单,即包括不太复杂的现金流动结构,票面利率和到期日在发行时已定下。
Prior to the early 1980s, the bond market was comprised mainly of 'plain vanilla' bonds with simple cashflow structures, where coupon payments and maturity were fixed at the outset.
在80年代以前,债券一般上都相当简单,即包括不太复杂的现金流动结构,票面利率和到期日在发行时已定下。
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