优先债券 meaning in English
preference bond
senior bonds
underlying debenture
Examples
- One set of securities , known as an equity tranche , pays the highest returns but is the first to suffer if the underlying bonds default ; other securities offer a much lower yield but a triple - a credit rating , because a lot of defaults would be needed to trigger losses
其中一套被称为“平等分额”可享受最高回报，但同时，如果优先债券欠债，这种债券也将首先遭受损失；其他一些债券，虽为3a级，但收益较低，因为引起损失的是大量的欠债。