可赎回债券

与利率关联的外汇结构性存款是可赎回债券。

Interest rate linked foreign exchange structured deposits are equivalent to callable bonds .

在这种背景下，分别于2002年和2001年，中国开始了可赎回债券和可回售债券的历史。

In this background , China began its histories of callable bonds and putable bonds in2002 and2001 respectively .

国开行可赎回债券和可回售债券的定价探讨农发行信贷新业务风险及其对策选择

On Pricing of Callable Bonds and Puttable Bonds Issued by China Development Bank Risk and Solution on New Credit Business of Agricultural Development Bank of China

如果有人告诉你，自危机爆发以来，英国政府债务总量出现了令人触目惊心的增长，其中三分之二是极廉价的不可赎回债券，你会怎么想？

How would you feel if you were told that two-thirds of the apparently scary rise in the stock of UK government debt since the start of the crisis has taken the form of ultra-cheap , irredeemable bonds ?

会议上提出了一项实现投资者构成多样化的提案，包括由财政部发行新证券，包括可赎回债券、期限长达100年的超长期债券，以及利息跟随通胀涨跌的浮动利率债券。

One proposal advocated at the meeting for diversifying the base of investors would entail the Treasury issuing new securities , including callable debt , ultra-long bonds with maturities of up to 100 years and floating rate debt , on which payments to investors would rise and fall with inflation .

大多数情况下，投资者对预期股票价格表现为过度悲观，将会低估可赎回可转换债券的价值。

In most cases , if investors express over-optimism about share price , the redeemable convertible bond price will be over-estimated .

有锁定期的零息可赎回可转换债券定价解析式债券政府或公司发行的计息证券，要求发行人按照一定的日期向债券持有人支付一定金额。

Analytic Formula of Zero-coupon Callable Convertible Bonds with Hard Call Period An interest-bearing government or corporate security that obligates the issuer to make specified payments on a specific schedule to the bondholder .

可赎回可转换贴现债券完全拆解定价法

Analytic valuation of the callable convertible discount bonds : Equivalent decomposition method

有些学者则分析了可赎回的可转换债券的发行者和投资者之间的动态博弈过程，构建定价方法。

Some scholars are of the redeemable convertible bond issuers and investors , dynamic game between the process of construction pricing .

本文使用BDT模型对国家开发银行自2001年以来发行的可赎回债券和可回售债券定价，结果发现可赎回债券被高估，而可回售债券被低估。

We use BDT model to price the callable and puttable bonds issued by China Development Bank since 2001 . It is found out that callable bonds are overvalued , while puttable bonds are undervalued .