While the coupon rate is fixed throughout the life of the notes , the market price of notes may go down or up to equilibrate the return on investment in the notes , i . e . the yield fluctuates with the moving market interest rate 虽然息票率在债券整个年期内均为固定的，但债券的市价会有起有跌，以令债券的投资回报
While the coupon rate is fixed throughout the life of the notes , the market price of notes may go down or up to equilibrate the return on investment in the notes , i . e . the yield fluctuates with the moving market interest rate 虽然息票率在债券整个年期内均为固定的，但债券的市价会有起有跌，以令债券的投资回报
Since the issue to be re - opened has been trading in the market for a period of time , the price could be significantly away from par and the coupon rate may not reflect the prevailing market interest rate 由于重开的债券已在市场上买卖了一段时间，所以其价格可能会大幅偏离债券面值，而息票率亦可能未能反映当前市场利率。
The hkma will announce on hkma website the issue number , issue date , maturity date , tenor , coupon and the amount of a new exchange fund notes on offer for competitive and non - competitive tenders seven business days in advance of the tentative tender date of the notes 金管局会于债券的暂定投标日前7个营业日在金管局网站公布发行编号年期息票率及以竞争性投标及非竞争性投标方式发售的新外汇基金债券数额。
The hkma will announce on hkma website the issue number , issue date , maturity date , tenor , coupon and the amount of a new exchange fund notes on offer for competitive and non - competitive tenders seven business days in advance of the tentative tender date of the notes 金管局会于债券的暂定投标日前7个营业日在金管局网站公布发行编号、年期、息票率及以竞争性投标及非竞争性投标方式发售的新外汇基金债券数额。
The coupon rate on a note to be re - opened is set with reference to the market interest rate prevailing at the time when the note is initially issued . when the note is re - opened for tender at a later time , the market interest rate may have moved and deviated significantly from the fixed coupon rate on the note 将会重开的债券息票率是参考有关债券初次发行时的市场利率厘定，因此在其后重开债券时，市场利率可能已有所变动，甚至大幅偏离债券的固定息票率。
The coupon rate on a note to be re - opened is set with reference to the market interest rate prevailing at the time when the note is initially issued . when the note is re - opened for tender at a later time , the market interest rate may have moved and deviated significantly from the fixed coupon rate on the note 将会重开的债券息票率是参考有关债券初次发行时的市场利率厘定，因此在其后重开债券时，市场利率可能已有所变动，甚至大幅偏离债券的固定息票率。
