A major appeal of investing in bonds is that they provide investors with a steady stream of income and barring defaults , guarantees the repayment of the loan in full at maturity 债券吸引人的一大特点是它让投资者有一笔固定收入，到期时能领回借出的金额(除非是碰上发行机构违约) 。
Not only do retail bonds offer issuers an additional channel for raising funds at competitive costs , they also meet investors demand for low risk investment vehicles with a stable income 零售债券不仅为发行机构提供多一个具成本效益的集资渠道，同时亦能满足投资者对提供稳定收入的低风险投资工具的需求。
The former offers the issuer the option to redeem the bonds at an earlier date , and in this case , the investor is usually paid a pre - mium over the par value to compensate for the inconvenience 前者让发行机构有权在到期日前赎回债券，在这种情形下，为了补偿持有人的不便，他取回的金额通常会高过本金的数目。
So far , 25 issuers have adopted this mechanism and raised over hk 43 billion through some 195 issues of retail bonds and certificate of deposits , including 6 issues by the hkmc that have raised over hk 8 . 6 billion 至今日止，共25间发行机构采用此机制，发行约195次零售债券及存款证，集资超过430亿港元，当中包括按揭证券公司的6次零售债券发行，集资超过86亿港元。
Bonds targeted at retail investors are not newthe hkmc has offered four bonds with retail tranches totalling hk 550 million since 1999 , although this amount pales in comparison with the hk 6 . 6 billion worth of retail bonds issued during the past 6 month 亿港元的已发行零售债券相比，实在相去甚远。多家发行机构看到零售债券大受欢迎，均表示打算利用零售债券市场集资。
The electronics payment is not only confined as the payment course behind , and still includes the duty of bank or other organization as well as various electronics payment tool and payment system that have appeared along with the internet 电子支付并不仅限于消费者购物后的支付过程，还包括银行或其它发行机构的责任问题以及随着互联网而出现的各种电子支付工具及资金划拨系统等问题。
