prevailing

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prevailingprevailingprevailingprevailingrate市价;现行汇率;当时价格So,ifabondwasissuedwheninterestrateswerelowe

prevailing
prevailing

prevailing
prevailing rate
市价;
现行汇率;
当时价格
So,if a bond was issued when interest rates were lower,they might have a 4%coupon when the prevailing rate is 6%.
所以,如果一只债券在利率很低的时候发行,在汇率为6%的的时候,它们可能有一个4%的票息.
很高兴第一时间为您解答,