房地产债券

然而，投资者对房地产债券的情绪改善仍很脆弱，尤其是在房地产市场本身重新显示出疲弱迹象之际。

However , the recovery in sentiment towards property sector bonds remains fragile , especially as the housing market itself shows renewed signs of sluggishness .

诺亚推出的产品包括股票、房地产债券、私人股本基金以及定制化的有价证券比如帮助企业家通过由其企业权益支持的有价证券来筹集资金。

The products Noah markets include shares and debt to real estate and private equity funds , as well as more customised securities helping an entrepreneur raise funds by structuring a security backed by equity in his company , for example .

因此，对房地产项目债券融资的研究，具有重大的现实意义。

So the study on real estate project security financing is of great actual practical significances .

因此对房地产企业债券的研究作为对地产融资方式之一的研究是非常有必要的。

Therefore the research of real estate enterprise bonds as one way of real estate finance is necessary to study .

得出一些结论：房地产企业债券的发展是随着房地产市场的融资方式的逐步完善而发展的。

Draw some conclusions : real estate enterprise bonds are the development of the real estate market with the gradual improvement of financing .

房地产项目债券融资的应用研究

The Study Of The Application On Real Estate Project Financing Bonds & Taking Anxi Electric Power Real Estate Corporation Project Financing 's Tactics As An Example

在经济衰退阶段，股票、房地产和债券的收益均为负，这时期最适宜持有货币，或对下跌资产进行卖空。

The economic recession phase , stocks , bonds and real estate earnings are negative , the most appropriate asset is currency , or assets fell short .

与全球房地产公司债券约4%的平均收益率相比，收益率达到两位数的中国房地产公司债券非常具有吸引力。

Compared with an average yield of about 4 per cent on the bonds of property companies globally , the double-digit returns offered by Chinese developers are extremely attractive .

综上所诉，房地产企业债券的发展处于上升过程中，房地产企业要抓紧这个机遇，来迎接企业发展新的春天。

To sum up , the development of real estate enterprise bond rising process , real estate enterprise to grasp this opportunity , to meet enterprise development in the new spring .

在经济衰退时期，由于股票房地产和债券等金融资产的收益率都为负值，只能持有货币资产或对金融资产进行卖空。

In times of economic recession , as shares real estate and financial assets such as bonds yields are negative , only holders of monetary assets or short sale of financial assets is suitable .

他还提倡一种理念：对国王学院这类机构，股票是一种合适的投资工具。而当时受人敬重的投资者一般会坚持投资于房地产和债券。

And he advanced the idea that equities were a fit investment for the likes of King 's College , at a time when any respectable investor would have stuck to property and bonds .

本文通过对国外房地产企业债券的研究和国内房地产企业债券的发展情况进行调查研究，通过前沿分析法对我国房地产企业债券的发展进行了模拟分析。

This article through to foreign real estate enterprise bonds of research and the development of domestic real estate enterprise bonds survey and study through the frontier analysis to our real estate development of enterprise bonds are simulated .

在经济复苏阶段，尽管股票、房地产和债券的收益率都为正，但由于股票相对于另外两种资产的风险最大，因此，收益率最高，最适合配置股票资产。

The economic recovery phase , despite the stock , real estate and bond yields are positive , but because of the stock relative to the other two assets at greatest risk , therefore , equity , the highest yield , is the most appropriate asset .

发行深圳房地产变值债券的设想

A proposal for Issuance of Variable Bonds of Real Estate in Shenzhen

通常在一个均衡的宏观经济体中，资金主要流向商品市场、股票市场、房地产市场以及债券市场。

Usually , in a balanced macroeconomic , the major capital flows to goods market , stock market , real estate market and the bond market .

另一方面，传统亚洲高收益债券投资者也在追逐中国房地产企业的债券，因为大宗商品下跌导致几乎其他所有行业都面临困境。

At the same time , traditional Asian high-yield investors also chased Chinese property names as just about every other sector was facing distress due to the ongoing commodity unwind .

迄今为止，大多数交易包含了将资产回售给发行方或借款方，这是毕马威在剥离单独的亚洲房地产贷款和债券投资组合时所运用的一种策略。

Most of the transactions so far have involved the sale of assets back to the issuer or borrower , a tactic KPMG has employed in divesting a separate portfolio of Asian property loans and bonds .

目前这个市场的收益率在9%左右，其中房地产开发商所发债券的收益率处于10%-14%的水平。

The high-yield market is currently yielding about 9 per cent , with yields on the bonds of property developers now in the low double digits .

近来，资本市场已对国内工业失去了信心，变得醉心于房地产、衍生品、债券和其它各项资产类别。

The capital markets in recent times have lost faith in domestic industry , and become enraptured with property , derivatives , bonds and every other asset class .

作为最早有望在明年开始的试点项目的一部分，中国的个人投资者在向海外转移资金、投资于房地产以及股票和债券等资产方面，将享有大得多的自由。

As part of a trial , which could begin as early as next year , Chinese investors would be given greater freedom to move cash overseas and invest in assets such as property as well as stocks and bonds .

这一新现实有利于一种区别对待的投资战略：中国房地产行业高收益债券的价格涨幅达到20%，即便其他市场板块（比如印度发行人和中国工业企业）遭遇个位数下降。

The new reality rewarded a discriminating investment strategy - with the Chinese property sector 's high yield bonds returning gains of 20 per cent , even as other market segments such as Indian issuers and Chinese industrials experienced single-digit losses .

中国房地产基本面持续恶化，房地产债券估值看起来随时会修正。

The Chinese property fundamentals have continued to deteriorate and bond valuations look ripe for a correction .