share_log

This Day In Market History: US Treasury Introduces TIPS

This Day In Market History: US Treasury Introduces TIPS

市场历史上的这一天:美国财政部推出TIPS
Benzinga Real-time News ·  2021/01/29 22:04

Each day, Benzinga takes a look back at a notable market-related moment that happened on this date.

每天,Benzinga都会回顾当天发生的与市场相关的重大时刻。

What Happened? On this day in 1997, the U.S. Treasury introduced the first Treasury Inflation-Protected Securities (TIPS).

发生了什么?在1997年的这一天,美国财政部推出了第一批美国国债通胀保护证券(TIPS)。

Where Was The Market? The S&P 500 was trading at 772.50 and the Dow Jones Industrial Average was at 6740.74.

市场在哪里?标准普尔500指数的交易价格为772.50,道琼斯工业平均指数为6740.74。

What Else Was Going On In The World? In 1997, Apple Inc. (NASDAQ:AAPL) co-founder Steve Jobs returned to the company, and the Mars Pathfinder successfully landed on the surface of Mars. A pound of hamburger meat cost $1.38.

世界上还发生了什么?在 1997 年 苹果公司 (纳斯达克:AAPL)联合创始人史蒂夫·乔布斯回到了公司,火星探路者成功降落在火星表面。一磅汉堡肉的价格为1.38美元。

Bond Investors Get Inflation Hedge: After years of having to battle inflation when buying Treasury bonds, investors got their first crack at TIPS investing in 1997. While the coupon rates of TIPS are constant, the principals are adjusted based on the Consumer Price Index, a commonly used metric for measuring inflation.

债券投资者获得通胀对冲工具: 在购买美国国债时不得不与通货膨胀作斗争多年之后,投资者在1997年首次获得了TIPS投资的机会。虽然TIPS的票面利率保持不变,但本金是根据消费者价格指数进行调整的,消费者价格指数是衡量通货膨胀的常用指标。

Treasury bonds are considered some of the lowest-risk investments out there due to their backing by the U.S. government. TIPS eliminate even more of the risk involved in Treasury bond investing. This lower risk comes at a price, however, as TIPS typically carry interest rates that are lower than other government or corporate bonds.

国债被认为是其中一些 风险最低的投资 因为他们得到了美国政府的支持。TIPS进一步消除了国债投资所涉及的风险。但是,这种较低的风险是有代价的,因为TIPS的利率通常低于其他政府或公司债券。

Investors can buy TIPS for as little as $100 using the TreasuryDirect system. TIPS pay interest semiannually and are currently offered with maturities of five years, 10 years and 30 years.

投资者可以使用TreasuryDirect系统以低至100美元的价格购买TIPS。TIPS每半年支付一次利息,目前的到期日为五年、十年和三十年。

For investors who would prefer to buy TIPS ETFs, popular choices include the iShares Barclays TIPS Bond Fund (ETF) (NYSE:TIP), the Vanguard Asset Allocation Fund (NASDAQ:VTIP) and the Schwab Strategic Trust (NYSE:SCHP).

对于更愿意购买TIPS ETF的投资者来说,最受欢迎的选择包括 iShares Barclays TIPS 债券基金 (ETF) (纽约证券交易所:小费), Vanguard 资产配置基金 (纳斯达克:VTIP) 和 施瓦布战略信托基金 (纽约证券交易所:SCHP)。

译文内容由第三方软件翻译。


以上内容仅用作资讯或教育之目的,不构成与富途相关的任何投资建议。富途竭力但不能保证上述全部内容的真实性、准确性和原创性。
    抢沙发