Fixed rate bonds pay a pre-determined coupon and FRNs pay coupons at a premium above the bank's fixed deposit rate.

固定利率债券支付预决息票，浮动利率债券根据银行存款利率贴水支付息票。

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The fixed-rate element normally carries a higher yield than that of Treasury bonds with the same maturity.

而固定利率一般比同一期间到期的美国国债收益率高。

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The issuance of the Fixed Rate Bonds enables the Group to extend its debt maturity profile and broaden its fixed-income investor base.

发行定息债券能延长本集团借贷还款期限，并扩大定息投资者的基础。

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The ones that do pay interest resemble ordinary fixed-rate bonds.

FORBES: 3 Bonds You May Have Never Heard Of

Messrs Feldstein and Samwick also assume that retired folk will convert their personal retirement accounts into a variable-rate annuity, based on a combination of stocks and bonds, rather than a fixed-rate annuity.

ECONOMIST: Social Security reform

Underlying the rate worries, bonds -- whose fixed return makes them linked to interest rate and inflation expectations - also weakened.

BBC: Friday close