The euro tranche, with a coupon of 4.25 per cent, was priced to yield 40 basis points over the swap rate a measure of the interest charged by banks when lending to each other.
The euro tranche, with a coupon of 4.25 per cent, was priced to yield 40 basis points over the swap rate a measure of the interest charged by banks when lending to each other.
此次欧元债券的票面利率为4.25%，其定价较掉期利率贴水40个基点，所谓掉期利率指的是银行间相互借贷时的利率指标。