This
coupon is out of date.
这份优惠券过期了。
This
coupon will deduct 50% off the sale price.
这张优惠券可以减免价格的50%
He paid with a two-for-one
coupon.
他用一张买二送一优惠券结账。
Can I use this
coupon?
我能用这张优惠券吗？
Chinese ride-hailing firm Didi Global Inc apologized for its app malfunction earlier this week and will launch a 10 yuan ($1.4) taxi discount coupon for each user, the company said on its social media account on Wednesday.
中国叫车公司滴滴全球（Didi Global Inc）周三在其社交媒体账户上表示，该公司本周早些时候为其应用程序故障道歉，并将为每位用户推出10元（1.4美元）的打车折扣券。
In a recent consumer community survey made by research agency Gartner, more than 30 percent of consumers in the US said they are utilizing digital price comparisons and coupon tracking tools.
在研究机构Gartner最近进行的一项消费者群体调查中，超过30%的美国消费者表示，他们正在使用数字价格比较和优惠券跟踪工具。
On Friday, the company said it will offer a 200 yuan ($31.32) coupon to customers who spent 999 yuan or more on one of its facial masks in the brand's flagship online store during the presale of its Double 11 festival on Tmall, the business-to-customer site where most major brands have set up a presence.
周五，该公司表示，在天猫双十一预售期间，将向在该品牌旗舰网店购买其口罩999元或以上的顾客提供200元（31.32美元）的优惠券。
A coupon can deduct up to 500 yuan.
- A digital coupon initiative, launched by Alipay on July 1, has attracted the participation of over 10 million small and micro-businesses across China, the platform said in a report.
According to Alipay, the digital coupon drive enables merchants and shop owners to tap the digital technology and embrace a more efficient way of operating.
The prioritized CMBS is valued at 6.8 billion yuan, with a coupon rate of 5 percent and 48 installments.
The firm introduced an instant VAT coupon in the app which tourists can redeem in the second or third purchase in their partner store, which some industry insiders said is a "sustainable and profitable" business model both for the firm and its partners.
The company announced at noon that about 10 million yuan in coupons were stolen through an expired coupon.
The price of the model went down from 6,999 yuan to 6,199 yuan and after using a 400-yuan coupon, a customer only pays 5,799 yuan, the platform's website has shown.
Using a coupon for a 20-yuan discount given to new users, Wuxi resident Wang Lingling ordered a takeout meal of fried chicken and only paid the minimum cost of 0.01 yuan (one yuan equals about $0.16).
"The meal was priced at 15 yuan, and the delivery cost was three, which was all covered by the coupon," she said.
Tencent's WeChat Pay, one of the Chinese mainland's two biggest mobile payment platforms, made inroads into Hong Kong last year and led a money-burning payment war with aggressive marketing and generous coupon offerings to vie for a slice of the cash-dominated market.
A complete collection of six stamps collected from its six branches in the city made consumers eligible for a quarterly coffee coupon card worth 399 yuan, which they could use to get around 25 cups of free coffee.
We ran out of the 500 stamp collection cards and 100 quarterly coffee coupon cards we originally prepared, in just one week, and had to increase the supply of cards," a spokesperson of Hi Five said.
Successful applicants will each receive a coupon package worth 100 yuan.
As calculated by experts from the Guanghua School of Management at Peking University, each 1 yuan of coupon can leverage another 3.5 yuan of additional consumption.
The coupon program, totaling 1 billion yuan (about $147.4 million), will be launched in three batches over the three-month period, the commission said.
A bond's coupon should still be paid even when projects await approval.
The restaurant coupon issuance is among a host of measures the Chinese capital has been implementing to revitalize the consumer market impacted by COVID-19.
Many other cities adopted similar coupon programs.
For example, people who buy a new-energy car in the province can use a coupon ranging from 3,000 yuan to 6,000 yuan, depending on the price of the vehicle.
Options include lowering the threshold for using a coupon to benefit more small and micro enterprises and individual businesspeople, extending the validity of coupons or issuing the coupons to special groups.
"I am getting sick of the sophisticated gameplay of winning coupon rebates," said Hong Wei, an accounting specialist in Shanghai.
""I had a coupon, and the purchases were one-third cheaper than usual," she said.
Each person is allowed to get one coupon per month, which gives a discount of 50 percent with a price cut of up to 1,000 yuan, according to the bureau.
The average coupon rate of foreign debt is 8.82 percent, which shows the rising cost of financing for real estate companies, the report said.
"A traditional restaurant or grocery store typically draws in customers within a radius of three to five kilometers, but with the aid of data analytics, prospective diners might drive through the city to try out a novel dish just because they have received a red packet with a coupon," he said.
In Haikou, capital of South China's Hainan province, those who purchase a new energy vehicle from July 1 to Sept 30 this year are eligible for a coupon of up to 6,000 yuan ($834).
"The subsidy or consumer coupon incentives are driving a new round of sales, reflecting the fact the market will not be affected by the spread of the virus," said Zhang Tingting, general secretary of the Tianjin Dealers' Association of Parallel-Import Cars.
And those who buy new energy vehicles from June 1 to Dec 31 will get a 2,000-yuan ($280.63) coupon for charging services.
When my husband clicked the link on the product page, he received a coupon.
But when I clicked the link on my phone, no coupon was waiting for me.
The Beijing State-owned Assets Management Co Ltd has issued a three-year bond that raised 1 billion yuan ($139.78 million) at a coupon rate of 2.55 percent on Wednesday, the BSE said.
Yu, who served as an advisor to the People's Bank of China, the country's central bank, in the past, stressed it is "necessary" for China to reduce its US Treasury holdings in an orderly manner, given the deteriorating quality of US debt held by others, the lower coupon rates on US Treasurys and the likelihood of an economic downturn in the US.
Yu, also a former adviser to the People's Bank of China, the country's central bank, stressed that it is "necessary" for China to reduce its US Treasury holdings in an orderly manner given the deteriorating US overseas debt situation, the falling coupon rate of the Treasury bonds, and the likelihood of economic downturns in the US.
It is necessary for China to orderly reduce its holdings of the United States' Treasury bonds, given the fast expansion of US net foreign liabilities and the low coupon rate of its Treasury bonds, said Yu Yongding, an academic member of the Chinese Academy of Social Sciences, at the Annual Conference of China International Finance Society held on Thursday.
Su added that any nationwide consumption coupon program is unlikely in the second half as it could cost enormous government spending but reap unsustainable results.
The Bank of China (BOC) has assisted the Asian Infrastructure Investment Bank (AIIB) in successfully issuing 2.5 billion yuan ($349.33 million) of sustainable development panda bonds with a five-year maturity and a coupon rate of 2.7 percent, the BOC said Wednesday.
In April, as the leading underwriter and book-runner, the BOC assisted the AIIB in the issuance of 1.5 billion yuan of sustainable development panda bonds with a five-year maturity and a coupon rate of 2.93 percent.
Qiu Qiu (not the real name) from Shenzhen had a free KFC meal with a digital yuan coupon with a face value of 28 yuan.
Qiu Qiu (pseudonym) from Shenzhen had a free KFC meal with a digital yuan coupon with a face value of 28 yuan.
In late November, Mercedes-Benz issued its first green panda bond worth 500 million yuan ($71 million), with a term of two years and a coupon rate of 2.9 percent.
It should be noted that gains churned out by wealth management products will be higher in the future when bond coupon rates are expected to rise.
The number of stores that support digital yuan payments has surpassed 5.6 million, the article went on to say, adding that local governments have held nearly 30 digital yuan consumption coupon programs this year.
The issuance by China Reform Holdings Corporation Ltd. has a maturity of five years with a coupon rate of 2.65 percent, according to the National Association of Financial Market Institutional Investors.
These less competitive companies may find difficulties making coupon or principal payments.
The six-month bill with a coupon rate of 2.3 percent saw its bidding reach 22.8 billion yuan, roughly 4.5 times the issued value.
The issuance has a maturity of three years with a coupon rate of 2.4 percent, which aims to raise funds to support the construction of sustainable development infrastructure.
The coupon rate was set at 3.15 percent, the lowest so far this year.
Most of the bonds' coupon rates are between 3 percent and 5 percent, while their maturity ranges from three to seven years.
Xiaomi Communications Co Ltd, which is under the privately owned technology conglomerate Xiaomi Corp, issued 1 billion yuan one-year technology innovation bonds in July 2021 on the SSE, with a coupon rate of 2.9 percent.
A total of 1.1 billion yuan will be issued maturing in two years with a coupon rate set at 2.6 percent, 1.5 billion yuan maturing three years at 2.7 percent coupon rate and 2.4 billion yuan maturing in five years at 2.9 percent.
The Inner Mongolia autonomous region issued two SPBs totaling 7.7 billion yuan on Aug 16 at the coupon rate of 3.12 percent, with the aim of supporting the development of eight rural commercial banks and credit unions, as well as Bank of Wuhai Co Ltd, a regional joint-stock commercial lender.
The carbon-neutral bonds underwritten by Bank of China include a three-year, 2-billion-yuan bond issued by China Three Gorges Corp for the construction of the Baihetan hydropower project, with a coupon rate of 3.45 percent, and a two-year, 600-million-yuan bond issued by State Power Investment Corp for wind power and photovoltaic projects, with a coupon rate of 3.4 percent.
These coupon rates are fairly low, exceeding the issuers' expectations, and the bond placements generated strong demand from various types of investors, including insurers, banks and securities brokerages.
The carbon-neutral bonds underwritten by Bank of China are a three-year, 2 billion yuan bond issued by China Three Gorges Corporation with a coupon rate of 3.45 percent; a two-year, 600 million yuan bond issued by the State Power Investment Corporation with a coupon rate of 3.4 percent; and a three-year, 1 billion yuan bond issued by Huaneng Power International with a coupon rate of 3.45 percent.
These coupon rates are fairly low, which exceeded issuers' expectations, and the bond placements received strong demand from various types of investors including insurers, banks, wealth management companies and securities brokerages.
Listed on Nasdaq Dubai on Aug 5, the $700 million bond maturing in 2025 achieved a coupon rate of 1.25 percent while the $500 million bond will mature in 2023 with a coupon rate of 1 percent.
The 700-million-dollar bond will mature in 2025 with a coupon of 1.25 percent while the 500-million-dollar bond will mature in 2023 with a coupon of 1 percent, said Nasdaq Dubai.
The COVID-19 special treasuries' coupon rates were determined at an auction on Thursday.
The Ministry of Finance set the coupon rates for the five-year and seven-year special treasuries for COVID-19 control at 2.41 percent and 2.71 percent, respectively, lower than expected.
The coupon rates and the underwriters of the two batches will be disclosed around the bidding date, and the treasuries will be traded from June 23, the notice said.
The issuance has a maturity of three years with a coupon rate of 2.4 percent, which aims to raise capital to facilitate the AIIB's response to COVID-19 in the short term and maintain its commitment to investing in sustainable infrastructure in the long term, according to a statement from the AIIB.
Most of the bonds have a three-year term and their coupon rates vary from 1.99 percent to 4 percent, according to Wind, a financial data provider in China.
Agricultural Bank of China Ltd and Bank of China Ltd, two large State-owned commercial lenders, issued 20 billion yuan and 10 billion yuan worth of three-year financial bonds respectively for micro and small enterprises during the first five months of this year at coupon rates of 1.99 percent and 2.65 percent.
The coupon rates of five-year perpetual bonds issued by small and medium-sized banks ranged from 3.8 percent to 5.8 percent in the first five months of this year, while large State-owned commercial lenders issued such bonds at coupon rates as low as 3.4 percent.
Their coupon rates range from 2.65 percent to 3.8 percent, according to the National Interbank Funding Center.
China CITIC Bank Corp Ltd helped China General Technology (Group) Holding Co Ltd, a major State-owned conglomerate specializing in areas including pharmaceuticals, advanced manufacturing and technical consulting, raise 2 billion yuan on Thursday through issuance of 90-day super and short-term commercial paper with a bond coupon rate of 2.4 percent.
Industrial and Commercial Bank of China Ltd, the largest State-owned commercial bank in China by total assets, underwrote 270-day super and short-term commercial paper issued by Jointown Pharmaceutical Group Co Ltd on Feb 11 to raise 1 billion yuan, with a coupon rate of 2.9 percent.
A case in point is Sichuan Kelun Pharmaceutical Co Ltd which issued a 270-day commercial paper with a 2.9 percent coupon rate on Feb 5.
It should be noted that the 2.9-percent coupon rate is lower than the 5.27 percent for the company's securities with similar maturities, and such low-cost financing is common among anti-epidemic-themed bonds, said Zhou Guannan, chief fixed-income analyst with Hua Chuang Securities.
Compared to the coupon in other markets, the rate bonds and debentures will continue to be attractive to foreign investors.
For example, for the 10-year special bond for toll roads in Sichuan, the coupon rate was 3.38 percent, compared with 3.1956 percent for the 10-year treasury bond on Thursday.
The average coupon rate of local government bonds was 3.47 percent last year, 42 basis points lower than a year earlier, the statement said.
Issuances of such bonds have risen of late on the back of quicker approvals, competitive coupon rates, ample liquidity in the local markets, and growing confidence in China's economic strength among foreign entities.
The Philippines' three-year panda bonds carrying a coupon of 3.5 to 4.1 percent hit the market last month and raised 2.5 billion yuan, following China's pledge to lend as much as 6 billion yuan to the country through bonds.
That coupon rate was 0.5 to 1 percentage point higher than the three-year Chinese treasury bonds, and comparable bonds with risk-free interest rate.
The money raised by the 50-billion-yuan, three-year fixed-rate bonds, with a coupon rate of 3.5 percent, will be used specifically for the issuance of small and micro enterprise loans.
The coupon rates are between 3.01 percent and 3.33 percent, higher than treasury bonds issued by the central government as well as bank deposits with the same maturity.
For a three-year fixed rate, euro-denominated BRI themed bond issued by BOC this time, the coupon rate was 48 basis points higher than the midswap rate－the reference rate which is used to calculate the premium that a bond buyer will pay.
The difference between the coupon rate and the midswap rate dropped by about 45 basis points from that of the first issuance.
Similarly, for the bank's three-year floating rate BRI themed bonds denominated in US dollar, the difference between the coupon rate and Libor (London interbank offered rate) also shrank by about 35 basis points during the same period, demonstrating that global investors have stronger confidence in collaboration on BRI related projects, Liu said.
Debt financing costs have also declined, with the average coupon rate on commercial paper - one of the types of debt instrument most frequently issued by companies, and with a maturity period of no more than one year - for March having declined to 3.39 percent from 4.09 percent in December.
On Monday, individuals in China were able to purchase bonds issued by the Zhejiang provincial government (five-year term, 3.32 percent coupon rate) and the Ningbo city government (three-year term, 3.04 percent coupon rate).
"Higher coupon rates compared with treasury bonds, and the tax exemption on the interest income, make local government bonds more attractive for retail investors," she said.
A statement from the open-market operations office of the People's Bank of China, the central bank, said on Wednesday that primary dealers can shift perpetual bonds into central bank bills worth 1.5 billion yuan in total, for holding the bills for one year with a coupon rate of 2.45 percent.
The central bank issued 10 billion yuan in three-month bills at a coupon rate of 2.45 percent and 10 billion yuan in one year bills at a coupon rate of 2.8 percent in Hong Kong.
Cheng Shi, chief economist at ICBC International, said the coupon rates for the two notes were lower in the issuance than the previous one, but the market is still active, indicating that investors are positive towards such yuan products.
The Manila-based bank said the 5-year bond, with a coupon rate of 2.625 percent per annum payable semi-annually and a maturity date of Jan 30, 2024, was priced at 99.498 percent to yield 14.9 basis points over the 2.625 percent US Treasury notes due December 2023.
The coupon rate is expected to be several hundred basis points higher than the risk-free rate of return, such as the yield on the US 10-year Treasury notes, reported the Shanghai-based financial media conglomerate Yicai Media Group.
The bond totals 600 million yuan ($ 86 million) and carries a coupon rate of 4.4 percent, the group said.
The Philippine authority expected the panda bonds fetched a coupon rate of 5 percent to 5.6 percent.
The Bank of China Manila branch told Xinhua that the overwhelming demand for the panda bonds was able to push the coupon to its lower bound of 5 percent.
The special bond, which is repaid by financial returns earned by investment projects instead of the government's general revenue, usually has higher coupon rates and risks, especially those invested in land purchases, toll roads and subways.
This three-year Panda Bond, which matures in November 2020, is priced at a coupon rate of 4.8 percent.
The first offering raised 3 billion yuan on Jan 21, 2016, with a three-year maturity, and a coupon rate of 2.98 percent, making the province the first foreign sovereign government to establish a Panda Bond program in China.
The five-year bonds paid a coupon of 2.125 percent to yield 2.196 percent, while the 10-year bonds paid a coupon of 2.625 percent to yield 2.687 percent.
The $1 billion five-year bonds have a coupon rate of 2.13 percent and the $1 billion 10-year bonds have a coupon rate of 2.63 percent.
Last year, CCB underwrote BYD's perpetual bonds that were issued for 400 million yuan in China's interbank bond market with 5.1 percent coupon.