The face value of this invention was great.

这项新发明票面价值是巨大。

So basically, if I own a bond with a certain coupon and interest rates rise, the underlying value of my bond goes down.

所以基本上， 如果我拥有一定票面债券并且利率上升，我债券基础价值就会下降。

Goldman Sachs, a bank, reckons that the average coupon rate on speculative-grade floating-rate loans in America has already soared to 8.4%, up from 4.8% a year ago (see chart 3).

高盛银行估计，美国投机级浮动利率贷款均票面利率已从一年前 4.8% 飙升至 8.4%（见图 3）。

The average coupon rate that issuers actually pay on American investment-grade corporate bonds is currently 3.9%, well below the yield of 5.3% that the market is pricing in at the moment.

发行人为美国投资级公司债券实际支均票面利率目前为 3.9%，远低于目前市场定价 5.3% 收益率。

Nonetheless, while there have always been complaints among fans, the Chinese public seems to have long gotten used to the idea of having to pay far more than the face value for a hot ticket.

尽管如此，就算粉丝们总是抱怨，但中国公众似乎早就习惯了为一张热门票支远远超过票面价值费用。