永久票据的中文解释
一种没有到期日的浮动利率票据,发行人只须持续偿付利息而永远毋须还本,享有这种好处的代价是支付较一般浮息票据更高的利差。这种票据因永不还本,具有股票的部分特质。
Perpetual Note的英文解释
A floating-rate note that has no final maturity, and
therefore has no
arrangement for repayment of principal. For this privilege, the borrower pays a higher
margin over a
relevant base interest rate. As they will never be repaid, the notes assume the characteristics of an
equity issue.