junk bond

英 [ˈdʒʌŋk bɒnd]

美 [ˈdʒʌŋk bɑːnd]

n.  风险债券，垃圾债券(利息高、风险大，常用于迅速集资进行收购)

Collins.2

牛津词典

noun

• 风险债券，垃圾债券（利息高、风险大，常用于迅速集资进行收购）
  a type of bond that pays a high rate of interest because there is a lot of risk involved, often used to raise money quickly in order to buy the shares of another company

柯林斯词典

• 垃圾债券，风险债券（利息高，风险大，用于集资建立、收购新公司等）
  If a company issuesjunk bonds, it borrows money from investors, usually at a high rate of interest, in order to finance a particular deal, for example the setting up or the taking over of another company.

英英释义

noun

• a (speculative) bond with a credit rating of BB or lower
  Synonym:high-yield bond

双语例句

• Best buy already was a junk bond deal before the latest financial guidance, which means that today it smells even worse.
  百思买发布最新的财务指南之前，该公司就已沦为垃圾债券，而现在的形势只会更糟糕。
• As a result, the cost of borrowing for companies with stronger finances, and even for those with junk bond ratings, has generally been flat or even falling over the past month, irrespective of the turmoil ( see chart).
  其结果是，过去一个月里，尽管市场处于动荡状况，但对于财力更强的企业甚至那些债券为垃圾级的企业来说，举债成本总体保持不变，甚至还有所下降。
• Like after the junk bond bubble of the 1980s, lawsuits may hit Wall Street for years to come.
  就像上世纪80年代垃圾债券泡沫之后的情形一样，未来几年，华尔街将遭遇一系列诉讼。
• A construction material manufacturer in eastern Jiangsu province last year became the first junk bond issuer to default, but a guarantor eventually repaid investors.
  去年，江苏省东部一家建筑材料生产商成为首家违约的垃圾债发行商，然而最终还是有一家担保人向投资者偿还了相关资金。
• These projections, coupled with government support measures for the capital markets, have sparked a big rally in junk bond prices, with an associated fall in yields.
  这些预测，加上政府对资本市场的支持措施，引发垃圾债券价格大幅上扬，债券收益率相应下降。
• The emerging markets 'bond index is doing "quite well" under the circumstances, he said, with spreads lower than those of the US corporate ( junk) bond market index.
  他说，新兴市场的债券指数在当前条件下走势“很好”，其价差低于美国公司债券市场指数的价差。
• A lot of people could get squeezed if the junk bond market dries up.
  如果垃圾债券市场枯竭，普通投资者会陷入价格挤压。
• The amount of money raised in the junk dim sum bond market reached a record high in the second quarter, driven by a rising Chinese property market and the worldwide search for higher-yielding assets.
  今年第二季度，垃圾级点心债券发行额创下最高纪录，推动因素在于中国房地产市场价格看涨，而全球投资者追逐收益率较高的资产。
• China's securities regulator launched a junk bond market in 2012, officially called small and medium-sized enterprise private-placement bonds.
  2012年，中国证券监管机构启动了垃圾债市场，官方把垃圾债称为中小企业私募债券。
• Stocks have recouped more than half of their losses and junk bond borrowers now face interest rates near all-time lows, compared with near 20 per cent rates one year ago.
  股市已收复超过一半的失地，垃圾级债券的票面利率接近历史低位，而一年前的接近20%。