unlisted bonds meaning in English
未上证券市场的债券
Examples
- Thirdly , the price discovery process of a bond etf will be more transparent than that for a traditional unlisted bond fund , as the information on price quotes and transacted prices are conveniently accessible to the public through the stock exchange
第三，债券交易所买卖基金的定价过程亦比传统的非上市债券基金的透明度为高，因为公众可透过交易所得悉有关报价及成交价的资料。 - Secondly , compared with unlisted bond funds , investors in a bond etf will be able to invest or liquidate their investments in the fund by buying or selling units of the fund on the stock exchange , which generally involves lower transaction costs and trades in a manner that is familiar to investors at large
相反，若投资者持有个别债券组合，便要自行作出上述的调整。第二，与非上市债券基金比较，债券交易所买卖基金的投资者可以在交易所买卖基金单位。这个交易方法的成本一般较低，而且是大部分投资者所熟识的。