{"id":422,"date":"2014-07-02T12:35:00","date_gmt":"2014-07-02T04:35:00","guid":{"rendered":"http:\/\/\/consols\/"},"modified":"2022-07-13T14:03:55","modified_gmt":"2022-07-13T06:03:55","slug":"consols","status":"publish","type":"post","link":"https:\/\/\/consols\/","title":{"rendered":"\u6c38\u7e8c\u50b5\u5238\u662f\u4ec0\u9ebc\uff1f\u8207\u4e00\u822c\u50b5\u5238\u5dee\u5225\uff1f\u4e00\u5206\u9418\u770b\u61c2\u6c38\u7e8c\u50b5\u5238"},"content":{"rendered":"<!-- \/367108978\/Rich01_PC_up_728x90 -->\n\t<div class='div-gpt-ad-css' id='div-gpt-ad-1564472272479-0' style='width: 728px; height: 90px;'>\n\t  <script>\n\t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1564472272479-0'); });\n\t  <\/script>\n\t<\/div><p><img decoding=\"async\" class=\"alignnone size-full wp-image-39050\" src=/index.html"https:\/\/\/wp-content\/uploads\/20220713140256_25.jpg\" alt=\"\u6c38\u7e8c\u50b5\u5238-\u662f\u4ec0\u9ebc\" width=\"2090\" height=\"1094\" srcset=\"https:\/\/\/wp-content\/uploads\/20220713140256_25.jpg 2090w, https:\/\/\/wp-content\/uploads\/20220713140256_25-1536x804.jpg 1536w, https:\/\/\/wp-content\/uploads\/20220713140256_25-2048x1072.jpg 2048w\" sizes=\"(max-width: 2090px) 100vw, 2090px\" \/>\u6709\u6c92\u6709\u4e00\u7a2e\u80fd\u300c\u6c38\u9060\u7a69\u5b9a\u914d\u606f\u300d\u7684\u6295\u8cc7\u5de5\u5177\u5462\uff1f<\/p>\n<p>\u6c38\u7e8c\u50b5\u5238\u5c31\u662f\u9019\u6a23\u7684\u5546\u54c1\uff0c\u9019\u540d\u8a5e\u5c08\u6307\u59cb\u65bc\u82f1\u570b\u653f\u5e9c\u65bc18\uff5e19\u4e16\u7d00\u9593\u767c\u884c\u7684\u4e00\u7a2e\u570b\u50b5\u3002<\/p>\n<p>\u9019\u7bc7\u6587\u7ae0\u5e02\u5834\u5148\u751f\u4ecb\u7d39\u6c38\u7e8c\u50b5\u5238\uff0c\u5206\u70ba\u4ee5\u4e0b\u5e7e\u500b\u90e8\u5206\uff1a<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_64 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">\u672c\u6587\u5e02\u5834\u5148\u751f\u6703\u544a\u8a34\u4f60\uff1a<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6612088837a2d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6612088837a2d\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=/index.html"https:\/\/\/consols\/#%E6%B0%B8%E7%BA%8C%E5%82%B5%E5%88%B8%E6%98%AF%E4%BB%80%E9%BA%BC%E6%84%8F%E6%80%9D%EF%BC%9F\" title=\"\u6c38\u7e8c\u50b5\u5238\u662f\u4ec0\u9ebc\u610f\u601d\uff1f\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u6c38\u7e8c\u50b5\u5238\u662f\u4ec0\u9ebc\u610f\u601d\uff1f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=/index.html"https:\/\/\/consols\/#%E6%B0%B8%E7%BA%8C%E5%82%B5%E5%88%B8vs%E4%B8%80%E8%88%AC%E5%82%B5%E5%88%B8\" title=\"\u6c38\u7e8c\u50b5\u5238vs.\u4e00\u822c\u50b5\u5238\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u6c38\u7e8c\u50b5\u5238vs.\u4e00\u822c\u50b5\u5238<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=/index.html"https:\/\/\/consols\/#%E6%B0%B8%E7%BA%8C%E5%82%B5%E5%88%B8%E5%A0%B1%E9%85%AC%E7%8E%87%E5%A6%82%E4%BD%95%E8%A8%88%E7%AE%97%EF%BC%9F\" title=\"\u6c38\u7e8c\u50b5\u5238\u5831\u916c\u7387\u5982\u4f55\u8a08\u7b97\uff1f\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u6c38\u7e8c\u50b5\u5238\u5831\u916c\u7387\u5982\u4f55\u8a08\u7b97\uff1f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=/index.html"https:\/\/\/consols\/#%E6%8A%95%E8%B3%87%E6%B0%B8%E7%BA%8C%E5%82%B5%E5%88%B8%E6%9C%89%E4%BB%80%E9%BA%BC%E5%84%AA%E7%BC%BA%E9%BB%9E%EF%BC%9F\" title=\"\u6295\u8cc7\u6c38\u7e8c\u50b5\u5238\u6709\u4ec0\u9ebc\u512a\u7f3a\u9ede\uff1f\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u6295\u8cc7\u6c38\u7e8c\u50b5\u5238\u6709\u4ec0\u9ebc\u512a\u7f3a\u9ede\uff1f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=/index.html"https:\/\/\/consols\/#%E5%BF%AB%E9%80%9F%E9%87%8D%E9%BB%9E%E6%95%B4%E7%90%86%EF%BC%9A%E6%B0%B8%E7%BA%8C%E5%82%B5%E5%88%B8%E6%98%AF%E4%BB%80%E9%BA%BC%E6%84%8F%E6%80%9D%EF%BC%9F\" title=\"\u5feb\u901f\u91cd\u9ede\u6574\u7406\uff1a\u6c38\u7e8c\u50b5\u5238\u662f\u4ec0\u9ebc\u610f\u601d\uff1f\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u5feb\u901f\u91cd\u9ede\u6574\u7406\uff1a\u6c38\u7e8c\u50b5\u5238\u662f\u4ec0\u9ebc\u610f\u601d\uff1f<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"%E6%B0%B8%E7%BA%8C%E5%82%B5%E5%88%B8%E6%98%AF%E4%BB%80%E9%BA%BC%E6%84%8F%E6%80%9D%EF%BC%9F\"><\/span>\u6c38\u7e8c\u50b5\u5238\u662f\u4ec0\u9ebc\u610f\u601d\uff1f<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<blockquote><p><strong>\u6c38\u7e8c\u50b5\u5238<\/strong> = \u6c92\u6709\u5230\u671f\u65e5\u7684\u50b5\u5238<\/p><\/blockquote>\n<p>\u6c38\u7e8c\u50b5\u5238\uff08\u82f1\u6587\uff1aPerpetual Bond\uff09\uff0c\u4e5f\u7a31\u70ba\u6c38\u4e45\u50b5\u5238\u3001\u842c\u5e74\u50b5\u5238\u3001Consols\u3001Prep\uff0c<\/p>\n<p>\u9019\u662f\u4e00\u7a2e\u6c92\u6709\u5230\u671f\u65e5\u7684\u50b5\u5238\uff0c\u9019\u7a2e\u985e\u578b\u7684\u50b5\u5238\u901a\u5e38\u88ab\u8a8d\u70ba\u662f\u4e00\u7a2e\u80a1\u6b0a\uff0c\u800c\u4e0d\u662f\u50b5\u52d9\u3002<\/p>\n<p>\u767c\u884c\u4eba\u4e0d\u4e00\u5b9a\u8981\u8d16\u56de\u9019\u500b\u50b5\u5238\uff0c\u9019\u7a2e\u50b5\u5238\u6700\u5927\u7684\u7279\u8272\u662f\u6c38\u9060\u652f\u4ed8\u7a69\u5b9a\u7684\u5229\u606f\uff0c\u6c38\u7e8c\u50b5\u5238\u7684\u7d50\u69cb\u5f88\u7c21\u55ae\uff0c\u8cfc\u8cb7\u50b5\u5238\u5f8c\uff0c\u6bcf\u671f\u53ef\u4ee5\u5f97\u5230\u7a69\u5b9a\u7684\u914d\u606f\u3002<\/p>\n<p>\u6bd4\u65b9\u8aaa\u9762\u984d10\u842c\u7f8e\u5143\u7684\u50b5\u5238\uff0c\u7968\u9762\u5229\u606f5%\uff0c\u6bcf\u671f\u5c31\u53ef\u4ee5\u5f97\u52305000\u7f8e\u5143\u7684\u5229\u606f\u3002<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E6%B0%B8%E7%BA%8C%E5%82%B5%E5%88%B8vs%E4%B8%80%E8%88%AC%E5%82%B5%E5%88%B8\"><\/span><strong>\u6c38\u7e8c\u50b5\u5238vs.\u4e00\u822c\u50b5\u5238<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u666e\u901a\u7684\u50b5\u5238\u5728\u5230\u671f\u6642\uff0c\u6703\u6839\u64da\u9762\u984d\uff0c\u511f\u4ed8\u8cc7\u91d1\u7d66\u6295\u8cc7\u4eba\uff0c\u5047\u8a2d\u9762\u984d10\u842c\u7f8e\u5143\u7684\u50b5\u5238\uff0c\u5230\u671f\u6642\u50b5\u6b0a\u4eba\u5c31\u53ef\u4ee5\u62ff\u523010\u842c\u3002<\/p>\n<p>\u7136\u800c\u6c38\u7e8c\u50b5\u5238\u6c92\u6709\u5230\u671f\u65e5\uff0c\u56e0\u6b64\u6c38\u9060\u4e0d\u9700\u8981\u511f\u9084\u901910\u842c\u5143\u7684\u672c\u91d1\uff0c\u4f46\u5b83\u6703\u6c38\u9060\u7684\u6bcf\u5e74\u767c\u7d665000\u7f8e\u5143\uff0c\u76f4\u5230\u5929\u8352\u5730\u8001\uff0c\u6240\u4ee5\u67d0\u7a2e\u7a0b\u5ea6\u4e0a\uff0c\u53ef\u4ee5\u5c07\u6c38\u7e8c\u50b5\u5238\u8996\u70ba\u4e00\u7a2e\u80a1\u6b0a\u3002<\/p>\n<p>\u552f\u4e00\u7684\u5dee\u5225\u5728\u65bc\u80a1\u6b0a\u6703\u96a8\u901a\u8ca8\u81a8\u8139\u7e2e\u6c34\uff0c\u9019\u4e5f\u662f\u6c38\u7e8c\u50b5\u6700\u5927\u7684\u98a8\u96aa\u3002<\/p>\n<blockquote><p><strong>\u5e02\u5834\u5148\u751f\u63d0\u793a\uff1a<\/strong><\/p>\n<p>\u7531\u65bc\u6642\u4ee3\u80cc\u666f\u4e0d\u540c\uff0c\u9019\u985e\u50b5\u5238\u7684\u898f\u5247\u4e5f\u4e0d\u540c\u65bc\u4ee5\u5f80\u3002<br \/>\n\u5b83\u901a\u5e38\u6709\u4e00\u500b\u8d85\u9577\u7684\u5e74\u9650\uff0c\u4f8b\u598250\u5e74\uff0c<br \/>\n\u4e00\u5e74\u901a\u81a8\u7b972%\uff0c50\u5e74\u5f8c\u540c\u6a23\u7684\u8ca8\u5e63\u8cfc\u8cb7\u529b\u7d04\u662f\u53ea\u52691\/3\u3002<br \/>\n\u4e26\u4e14\u5b83\u901a\u5e38\u6703\u9644\u56de\u8cfc\u689d\u6b3e\uff0c<br \/>\n\u4f8b\u598210\u5e74\u4e4b\u5f8c\uff0c\u767c\u884c\u8005\u53ef\u4ee5\u8cfc\u56de\u9019\u500b\u50b5\u5238\u3002<\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"%E6%B0%B8%E7%BA%8C%E5%82%B5%E5%88%B8%E5%A0%B1%E9%85%AC%E7%8E%87%E5%A6%82%E4%BD%95%E8%A8%88%E7%AE%97%EF%BC%9F\"><\/span>\u6c38\u7e8c\u50b5\u5238\u5831\u916c\u7387\u5982\u4f55\u8a08\u7b97\uff1f<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u6295\u8cc7\u4eba\u53ef\u4ee5\u6309\u4ee5\u4e0b\u65b9\u6cd5\uff0c\u8a08\u7b97\u6295\u8cc7\u6c38\u7e8c\u50b5\u5238\u6240\u80fd\u5be6\u73fe\u7684\u5831\u916c\u7387\u3002<\/p>\n<blockquote><p><strong>\u6c38\u7e8c\u50b5\u5238\u5831\u916c\u7387 =<\/strong> \u6bcf\u5e74\u6536\u5230\u7684\u7968\u606f\u7e3d\u984d \u00f7 \u50b5\u5238\u5e02\u5834\u50f9\u683c \u00d7 100%<\/p><\/blockquote>\n<p>\u8209\u4f8b\u4f86\u8aaa\uff0c\u5047\u8a2d\u4f60\u4ee5950\u7f8e\u5143\u7684\u6298\u50f9\u8cfc\u8cb7\u9762\u503c\u70ba1000\u7f8e\u5143\u7684\u6c38\u7e8c\u50b5\u5238\uff0c\u4f60\u6bcf\u5e74\u5171\u6536\u523080\u7f8e\u5143\u7684\u5229\u606f\uff0c<\/p>\n<p>\u5831\u916c\u7387 = (80 \u00f7 950) \u00d7 100 = 0.0842 \u00d7 100 = 8.42%\uff0c\u4ee3\u8868\u8a72\u50b5\u5238\u7684\u7576\u524d\u5831\u916c\u7387\u70ba8.42%\u3002<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E6%8A%95%E8%B3%87%E6%B0%B8%E7%BA%8C%E5%82%B5%E5%88%B8%E6%9C%89%E4%BB%80%E9%BA%BC%E5%84%AA%E7%BC%BA%E9%BB%9E%EF%BC%9F\"><\/span>\u6295\u8cc7\u6c38\u7e8c\u50b5\u5238\u6709\u4ec0\u9ebc\u512a\u7f3a\u9ede\uff1f<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u6c38\u7e8c\u50b5\u5238\u7684\u767c\u884c\u4eba\u901a\u5e38\u662f\u653f\u5e9c\u3001\u9280\u884c\uff0c\u6709\u4e9b\u7d93\u6fdf\u5b78\u5bb6\u5247\u8a8d\u70ba\uff0c\u9019\u7a2e\u50b5\u5238\u662f\u4e00\u500b\u5f88\u597d\u7684\u5de5\u5177\uff0c\u8ca1\u52d9\u7dca\u7e43\u7684\u653f\u5e9c\u53ef\u4ee5\u7528\u4f86\u7c4c\u96c6\u8cc7\u91d1\u3002<\/p>\n<p>\u5c0d\u6295\u8cc7\u4eba\u4f86\u8aaa\uff0c\u6c38\u7e8c\u50b5\u5238\u63d0\u4f9b\u4e86\u7a69\u5b9a\u3001\u53ef\u9810\u6e2c\u7684\u6536\u5165\u4f86\u6e90\uff0c\u4e26\u6309\u7167\u65e2\u5b9a\u7684\u6642\u9593\u8868\u9032\u884c\u652f\u4ed8\uff0c\u4f46\u6295\u8cc7\u4eba\u4e5f\u6703\u9762\u81e8\u4e00\u4e9b\u98a8\u96aa\uff0c\u50cf\u662f\u5229\u7387\u98a8\u96aa\u3001\u7121\u9650\u7684\u4fe1\u7528\u98a8\u96aa\u2026\u7b49\u7b49\u3002<\/p>\n<p>\u7406\u8ad6\u4e0a\uff0c\u6c38\u7e8c\u50b5\u5238\u6c92\u6709\u5230\u671f\u65e5\uff0c\u6240\u4ee5\u6c38\u9060\u4e0d\u6703\u904e\u671f\u3002<\/p>\n<p>\u4f46\u5be6\u969b\u60c5\u6cc1\u4e26\u975e\u5982\u6b64\uff0c\u50b5\u5238\u767c\u884c\u4eba\u5982\u679c\u4e0d\u8d16\u56de\u9019\u4e9b\u50b5\u5238\uff0c\u5c31\u6703\u9762\u81e8\u5229\u7387\u98a8\u96aa\uff1b\u56e0\u6b64\u4ed6\u5011\u901a\u5e38\u6703\u8d16\u56de\u50b5\u5238\uff0c\u4e26\u518d\u767c\u884c\u65b0\u5229\u7387\u7684\u50b5\u5238\u3002<\/p>\n<h3><strong>\u6295\u8cc7\u6c38\u7e8c\u50b5\u5238\u7684\u512a\u9ede\uff1a<\/strong><\/h3>\n<ol>\n<li><span style=\"font-size: 16px;\">\u63d0\u4f9b\u7a69\u5b9a\u7684\u56fa\u5b9a\u6536\u5165\u4f86\u6e90\uff0c\u6309\u56fa\u5b9a\u7684\u6642\u9593\u8868\u4ed8\u6b3e\u3002<\/span><\/li>\n<li><span style=\"font-size: 16px;\">\u652f\u4ed8\u7684\u5229\u606f\u901a\u5e38\u6bd4\u666e\u901a\u50b5\u5238\u9ad8\u3002<\/span><\/li>\n<\/ol>\n<h3><strong>\u6295\u8cc7\u6c38\u7e8c\u50b5\u5238\u7684\u98a8\u96aa\uff1a<\/strong><\/h3>\n<ol>\n<li><span style=\"font-size: 16px;\">\u6c38\u7e8c\u50b5\u5238\u6c92\u6709\u5230\u671f\u65e5\uff0c\u767c\u884c\u4eba\u6c38\u9060\u4e0d\u9700\u8981\u511f\u9084\u672c\u91d1\uff0c\u6295\u8cc7\u4eba\u53ef\u80fd\u9762\u81e8\u7121\u9650\u7684\u4fe1\u7528\u98a8\u96aa\uff0c\u56e0\u70ba\u653f\u5e9c\u548c\u516c\u53f8\u50b5\u5238\u767c\u884c\u4eba\u90fd\u53ef\u80fd\u9047\u5230\u8ca1\u52d9\u554f\u984c\uff0c\u56b4\u91cd\u6642\u751a\u81f3\u6703\u5012\u9589\u3002<\/span><\/li>\n<li><span style=\"font-size: 16px;\">\u6709\u5229\u7387\u98a8\u96aa\uff0c\u5229\u7387\u53ef\u80fd\u8ddf\u4e0d\u4e0a\u901a\u8ca8\u81a8\u8139\u7684\u901f\u5ea6\u3002\u5982\u679c\u6c38\u7e8c\u50b5\u5238\u7684\u56fa\u5b9a\u5229\u7387\u4f4e\u65bc\u76ee\u524d\u5229\u7387\uff0c\u6295\u8cc7\u4eba\u6703\u6301\u6709\u4e0d\u540c\u7684\u50b5\u5238\u8cfa\u53d6\u66f4\u591a\u7684\u9322\uff0c\u7136\u800c\u8981\u628a\u820a\u7684\u6c38\u7e8c\u50b5\u5238\u63db\u6210\u8f03\u65b0\u7684\u3001\u5229\u606f\u8f03\u9ad8\u7684\u50b5\u5238\uff0c\u5fc5\u9808\u5728\u516c\u958b\u5e02\u5834\u4e0a\u51fa\u552e\u73fe\u6709\u7684\u50b5\u5238\uff0c\u9019\u6642\u5b83\u7684\u50f9\u503c\u53ef\u80fd\u4f4e\u65bc\u8cfc\u8cb7\u50f9\u683c\u3002<\/span><\/li>\n<li><span style=\"font-size: 16px;\">\u767c\u884c\u4eba\u53ef\u80fd\u6703\u9078\u64c7\u5728\u4efb\u4f55\u5229\u7387\u8abf\u6574\u4e4b\u524d\u6536\u56de\u50b5\u5238\uff0c\u4ee5\u907f\u514d\u652f\u4ed8\u66f4\u9ad8\u7684\u7968\u9762\u5229\u7387\u3002<\/span><\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"%E5%BF%AB%E9%80%9F%E9%87%8D%E9%BB%9E%E6%95%B4%E7%90%86%EF%BC%9A%E6%B0%B8%E7%BA%8C%E5%82%B5%E5%88%B8%E6%98%AF%E4%BB%80%E9%BA%BC%E6%84%8F%E6%80%9D%EF%BC%9F\"><\/span>\u5feb\u901f\u91cd\u9ede\u6574\u7406\uff1a\u6c38\u7e8c\u50b5\u5238\u662f\u4ec0\u9ebc\u610f\u601d\uff1f<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><span style=\"font-size: 16px;\">\u6c38\u7e8c\u50b5\u5238(Perpetual Bond)\uff0c\u4e5f\u7a31\u70ba\u6c38\u4e45\u50b5\u5238\u3001\u842c\u5e74\u50b5\u5238\u3001Consols\u3001Prep\uff0c\u9019\u662f\u4e00\u7a2e\u6c92\u6709\u5230\u671f\u65e5\u7684\u50b5\u5238\uff0c\u9019\u7a2e\u985e\u578b\u7684\u50b5\u5238\u901a\u5e38\u88ab\u8a8d\u70ba\u662f\u4e00\u7a2e\u80a1\u6b0a\uff0c\u800c\u4e0d\u662f\u50b5\u52d9\u3002\u767c\u884c\u4eba\u4e0d\u4e00\u5b9a\u8981\u8d16\u56de\u9019\u500b\u50b5\u5238\uff0c\u9019\u7a2e\u50b5\u5238\u6700\u5927\u7684\u7279\u8272\u662f\u6c38\u9060\u652f\u4ed8\u7a69\u5b9a\u7684\u5229\u606f\u3002<\/span><\/li>\n<li><span style=\"font-size: 16px;\">\u6c38\u7e8c\u50b5\u5238\u63d0\u4f9b\u7a69\u5b9a\u7684\u56fa\u5b9a\u6536\u5165\u4f86\u6e90\uff0c\u6309\u56fa\u5b9a\u7684\u6642\u9593\u8868\u4ed8\u6b3e\uff0c\u652f\u4ed8\u7684\u5229\u606f\u901a\u5e38\u6bd4\u666e\u901a\u50b5\u5238\u9ad8\u3002<\/span><\/li>\n<li><span style=\"font-size: 16px;\">\u6c38\u7e8c\u50b5\u5238\u7684\u6295\u8cc7\u4eba\u8981\u627f\u64d4\u4fe1\u7528\u98a8\u96aa\u3001\u5229\u7387\u98a8\u96aa(\u5229\u7387\u8ddf\u4e0d\u4e0a\u901a\u8ca8\u81a8\u8139\u7684\u901f\u5ea6)\uff0c\u800c\u4e14\u767c\u884c\u4eba\u53ef\u80fd\u6703\u9078\u64c7\u5728\u4efb\u4f55\u5229\u7387\u8abf\u6574\u4e4b\u524d\u6536\u56de\u50b5\u5238\uff0c\u4ee5\u907f\u514d\u652f\u4ed8\u66f4\u9ad8\u7684\u7968\u9762\u5229\u7387\u3002<\/span><\/li>\n<\/ol>\n\n<p>\u50b5\u5238\u5176\u5be6\u662f\u500b\u5f88\u597d\u7528\u7684\u6295\u8cc7\u5de5\u5177\uff0c\u4f46\u4e5f\u5fc5\u9808\u6b63\u78ba\u4f7f\u7528\u624d\u884c\uff0c<br \/>\n\u66f4\u591a\u50b5\u5238\u6587\u7ae0\u53ef\u95b1\u8b80\uff1a<\/p>\n<p><span style=\"font-size: 16px;\">1.\u00a0<a href=/index.html"https:\/\/\/what-is-bonds\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">\u4ec0\u9ebc\u662f\u50b5\u5238\uff0c\u6709\u54ea\u4e9b\u6295\u8cc7\u65b9\u5f0f\uff1f<\/a><\/span><\/p>\n<p><span style=\"font-size: 16px;\">2.\u00a0<a href=/index.html"https:\/\/\/bond-etf-treasuries-5\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">\u8a8d\u8b585\u6a94\u7f8e\u570b\u516c\u50b5ETF<\/a><\/span><\/p>\n<p><span style=\"font-size: 16px;\">3. <a href=/index.html"https:\/\/\/what-municipal-bonds\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u7f8e\u570b\u5e02\u653f\u50b5\u662f\u4ec0\u9ebc\uff1f\u5982\u4f55\u6295\u8cc7\uff1f<\/a><\/span><\/p>\n<p><span style=\"font-size: 16px;\">4. <a href=/index.html"https:\/\/\/high-yield-bond-wrong-1\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">\u70ba\u4ec0\u9ebc\u9ad8\u6536\u76ca\u50b5\u6c92\u6709\u907f\u96aa\u529f\u80fd\uff1f<\/a><\/span><\/p>\n<p>5. <a href=/index.html"https:\/\/\/us-stocks-broker-choose\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u7f8e\u80a1\u5e38\u7528\u5238\u5546\u958b\u6236\u63a8\u85a6\u6bd4\u8f03<\/a><\/p>\n<p><strong><span style=\"font-size: 20px;\">\u52a0\u5165\u5e02\u5834\u5148\u751fFB\u793e\u5718\uff0c\u5145\u5be6\u66f4\u591a\u7406\u8ca1\u597d\u77e5\u8b58<\/span><\/strong><\/p>\r\n<p>50\u6b72\u4e4b\u524d\u60f3\u9000\u4f11\u4e00\u5b9a\u8981\u61c2\u7406\u8ca1\uff0c<br \/>\u89e3\u6c7a\u6295\u8cc7\u7684\u7169\u60f1\uff01<\/p>\r\n<p><a href=/index.html"https:\/\/bit.ly\/2NTBOAv\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"external\"><img decoding=\"async\" class=\"alignnone size-full wp-image-7106\" src=/index.html"https:\/\/\/wp-content\/uploads\/20190824195036_69.gif\" alt=\"\" width=\"687\" height=\"243\" \/><\/a><\/p>\r\n<p>\u6700\u8fd1\u5e02\u5834\u5148\u751f\u958b\u4e86\u4e00\u5802\u7684\u300c<strong>\u7528\u7f8e\u80a1ETF\u5275\u9020\u7a69\u5b9a\u73fe\u91d1\u6d41<\/strong>\u300d\u6559\u5b78\u8ab2\u7a0b\uff0c<br \/>\u9019\u5802\u8ab2\u7a0b\u6703\u5f9e\u57fa\u790e\u5165\u9580\u3001\u8cc7\u6599\u67e5\u8a62\u5230\u5be6\u969b\u64cd\u4f5c\uff0c<br \/>\u6559\u4f60\u5b78\u6703\u5efa\u7acb\u4e00\u500b\u7a69\u5b9a\u7684\u5168\u7403ETF\u6295\u8cc7\u7d44\u5408\uff0c\u76ee\u524d\u7d2f\u7a4d\u5df2\u7d93\u6709\u5c07\u8fd11100\u4f4d\u540c\u5b78\u4e0a\u8ab2\u3002<\/p>\r\n<p>\u7dda\u4e0a\u8ab2\u7a0b\u300b<a href=/index.html"http:\/\/bit.ly\/2FV3hPc\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"external\">\u7f8e\u80a1ETF\u5275\u9020\u7a69\u5b9a\u73fe\u91d1\u6d41\u7dda\u4e0a\u8ab2\u7a0b\u9023\u7d50<\/a><\/p>\n<p><br \/><strong><span style=\"color: #ff0000;\">\u5982\u679c\u89ba\u5f97\u9019\u7bc7\u6587\u7ae0\u6709\u5e6b\u52a9\uff0c<\/span><\/strong><br \/><strong><span style=\"color: #ff0000;\">\u5e6b\u6211\u6309\u500b\u8b9a\uff0c\u5206\u4eab\u7d66\u66f4\u591a\u4eba\u770b\u5230\uff0c\u8b1d\u8b1d\uff01<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u6709\u6c92\u6709\u4e00\u7a2e\u80fd\u300c\u6c38\u9060\u7a69\u5b9a\u914d\u606f\u300d\u7684\u6295\u8cc7\u5de5\u5177\u5462\uff1f \u6c38\u7e8c\u50b5\u5238\u5c31\u662f\u9019\u6a23\u7684\u5546\u54c1\uff0c\u9019\u540d\u8a5e\u5c08\u6307\u59cb\u65bc\u82f1\u570b\u653f\u5e9c\u65bc18\uff5e19\u4e16\u7d00\u9593\u767c [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":39050,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":""},"categories":[298],"tags":[118,1571],"table_tags":[],"modified_by":"edisonliu","jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/\/wp-content\/uploads\/20220713140256_25.jpg","jetpack-related-posts":[{"id":9265,"url":"https:\/\/\/what-is-preferred-stock\/","url_meta":{"origin":422,"position":0},"title":"\u7279\u5225\u80a1\u662f\u4ec0\u9ebc\uff1f\u7279\u5225\u80a1\u98a8\u96aa\uff1f\u6700\u5b8c\u6574\u7684\u7279\u5225\u80a1\u6559\u5b78\u61f6\u4eba\u5305","author":"Mr.Market\u5e02\u5834\u5148\u751f","date":"2022-08-01","format":false,"excerpt":"\u7279\u5225\u80a1(\u82f1\u6587\uff1aPreferred stock)\uff0c\u662f\u4e00\u7a2e\u7d50\u5408\u80a1\u7968\u8207\u50b5\u5238\u6027\u8cea\u7684\u80a1\u7968\uff0c \u5b83\u50cf\u50b5\u5238\u4e00\u6a23\u6709\u56fa\u5b9a\u2026","rel":"","context":"\u5728\u300c\u80a1\u7968\u6295\u8cc7\u300d\u4e2d","block_context":{"text":"\u80a1\u7968\u6295\u8cc7","link":"https:\/\/\/category\/learn-invest\/stock-invest\/"},"img":{"alt_text":"\u7279\u5225\u80a1-\u662f\u4ec0\u9ebc","src":"https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220823151608_30.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220823151608_30.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220823151608_30.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220823151608_30.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220823151608_30.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220823151608_30.jpg?resize=1400%2C800&ssl=1 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