If a bond was issuedwhen interest rates were lower, they might have a 4% coupon when the prevailing rate is 6%.
如果一只债券在利率较低的时候发行,在现行汇率为6%的的时候,它的票面利率可能为4%。
2
The casino issued to him, as a good customer, a "Fun Card," which when used in the casino earns points for meals and drinks, and enables the casino to track the user's gambling activities.