文档介绍：影响债券收益的因素(Factors affecting bond yields)
[scholar] the higher the coupon interest rate, the higher the bond interest intion fees, and transfer charges. At present, the interest income of the national debt is tax-free, but the interest income of the enterprise debt still needs to be paid, and the institutional investors need to pay the sales tax, and the tax is also an important factor affecting the actual investment income of the bond. The higher the investment cost of a bond, the lower its return on investment. Therefore, the cost of bond investment is the factor that investors must consider when comparing the choice of bonds, and also must be deducted when calculating the actual yield of the bond.
market supply and demand, monetary policy and fiscal policy;
Market supply and demand, monetary policy and fiscal policy will affect the price of the bond, which affects the cost of investors to buy bonds, so the market supply and demand factors, monetary policy and fiscal policy but also we consider the investment income that can not be ignored.
Although the bond investment income is affected by many factors, but the bond is essentially a kind of fixed income instruments, its price changes like the stock will not fluctuate too much, so its revenue is relatively fixed, the investment risk is small, suitable for acquiring fixed income investors.
As an investment tool, the invest