Morgan appears to have sold just over a$ 1 billion in CDS contracts, essentially bond insurance that the firm would have to pay out in the case of a default, against the debts of Portugal and the other so-called Euro peripherals. 摩根士丹利看来已卖出逾10亿美元的CDS合约,基本上是债券保险&如果葡萄牙和其他所谓欧元区边缘国家的公债出现违约,摩根士丹利必须予以赔付。
It was largely believed that Draghi would soon initiate another bond buying program, where the ECB would buy up eurozone member debts in the secondary market to bring down borrowing costs. 市场普遍预计德拉吉不久就会提议一个新的债券收购计划,据此欧洲央行将在二级市场买入欧元区成员国债券以降低融资成本。
The debtor's bond and the lien on property for already the Athenians had invented the mortgage also respected neither gens nor phratry, while the old gentile constitution, for its part, knew neither money nor advances of money nor debts in money. 债务契约和土地抵押雅典人已经发明了抵押办法既不理会氏族,也不理会胞族。而旧的氏族制度既不知有货币,也不知有贷款,更不知有货币债务。
A newly expanded bond market will function as a mechanism to restructure debts. 新近扩容的债券市场将为债务重组提供一种机制。
By announcing its readiness to provide liquidity in the government bond markets, the ECB creates the risk that governments may reduce their efforts at cutting deficits and debts. 欧洲央行宣布愿意为国债市场提供流动性,可能导致各国政府减少在削减赤字和债务方面的努力。
Under their scheme, a member states debt of up to 60 per cent of gross domestic product would be folded into a single bond, while governments remain responsible for any debts above that threshold. 根据他们的方案,可将成员国的一部分政府债券并入一个单一债券,规模上限是各国国内生产总值(GDP)的60%,而高于这个门槛的任何债务都仍将由各国政府承担。
He said China had to ease its control of interest rates and deepen the domestic bond market before opening the capital account to lessen the risk of speculative capital rushing in and local companies accumulating dangerously big foreign debts. 他表示,中国必须先放松其对利率的控制,并提高国内债券市场的深度,再开放资本账户,以减轻投机资本蜂拥而至、本土企业积累过多外债的风险。