票据的中文解释
指短期债券,期限通常不超过两年,但各国具体用词各有不同。常用作美国国库券(Treasury bills)的简称。 美国国库券亦简称T-bills,指一年或一年以内到期的公债,到期前不付息。 Treasury notes及Treasury bonds为较长期的美国公债,每半年按固定的票面利率付息一次,到期偿还本金。Notes的年期为一年以上,10年以内,而bonds则是10年以上。其他国家在bills, notes及bonds的年期划分上可能各有不同。
Bill的英文解释
A short-term debt
instrument with a
maturity usually no longer than two years, although terminology varies from country to country. Bill is often a shorthand
reference to treasury bills, which are short-term government debt. Medium-term debt instruments are notes and longer-term instruments are bonds. In some markets a note has a
maturity of two to five years and a bond has a
maturity longer than five years, but usage varies.