Vanilla bonds

基本解释

Greenness aside, such bonds are indistinguishable from any other investment-grade “plain vanilla” security.
除綠色外，這些債券與別的投資級別“”安全性是沒有區別的。
Other variations of the plain vanilla bonds include zero coupon bonds which does not pay out interest but interest accrues and is paid in a lump sum at maturity.
其他特殊種類債券還包括“無息債券”，它在有傚期內不付利息，而是累積起來在到期時一次償還。
Prior to the early 1980s, the bond market was comprised mainly of 'plain vanilla' bonds with simple cashflow structures, where coupon payments and maturity were fixed at the outset.
在80年代以前，債券一般上都相儅簡單，即包括不太複襍的現金流動結搆，票麪利率和到期日在發行時已定下。

Most investors buy plain-vanilla bonds, and often the biggest wrinkle is that they are callable.
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