There is no one-size-fits-all formula for marriages or currency unions, although a loose bond that is easily broken is obviously not enough. 对婚姻和货币联盟这两种联盟来说,并没有放之四海而皆准的公式。不过,一个容易破裂的松散联盟显然是不够的。
The Fed has hinted at possible rate rises by the middle of next year, but the currency and bond markets are pricing in an increase by March, if the US economy gathers momentum. 美联储已暗示可能不迟于明年年中加息,但外汇和债券市场目前的预期是不迟于明年3月加息,前提是美国经济增长势头加速。
We have a parallel effort to support and invest in the development of local currency bond markets. 同时,我们也将对本地(本国)货币债券市场的发展提供支持和投资。
China has led the development of the local currency bond markets in emerging East Asia. 中国已成为东亚新兴经济体本币债券市场发展的领头羊。
The key to understanding the success of Abenomics is the asymmetric response between the currency and the bond markets, which can be attributable to divergent inflation expectations. 要理解安倍经济学的成功,关键是认识到汇市和债市的不一致反应。这种差异可归结为通胀预期上的分歧。
The development of resources among fund managers suggests a broader market for Asian local currency bond portfolios is developing among investors, both regionally and globally. 基金经理资源的发展似乎表明,亚洲本币债券组合的更广泛市场正在形成,吸引着亚洲乃至全球的投资者。
Macro: Aims to profit from changes in global economies, typically brought about by shifts in government policy which impact interest rates, in turn affecting currency, stock, and bond markets. 宏:目标利润从全球经济的变化,通常对政府政策带来的变化中,影响利率,进而影响货币,股票和债券市场。
Dual Currency Bonds: A dual currency bond is a debt instrument that has coupons denominated in a different currency than its principal amount. 二重货币债券:二重货币债券是一种债务工具,息票以不同与本金的货币币种标识。▲与股票指数联系的债券;
Of the 10 biggest local currency corporate bond sales in Asia this year, nine have come from Chinese behemoths such as China coal energy and China National Petroleum Corp. 在今年亚洲10起最大的本币企业债发行案中,9起来自中国的大型公司,比如中煤能源(cce)和中国石油天然气集团公司(cnpc)。
Local currency bond markets could make an even more dramatic difference. 本币债券市场甚至可能发挥更大的作用。
Chile went down the well-worn route of currency intervention, sterilised through local bond issues, to try to limit peso strength. 智利走的是干预汇率的老路,通过发行本国债券进行市场冲销,以限制比索升值。
In the first year of the Asian crisis the local currency bond market in east Asia excluding Japan was worth$ 491bn. 在亚洲金融危机的头一年,东亚(除日本之外)本币债券市场规模为4910亿美元。
The World Bank is also assisting in the development of domestic currency bond markets, which help emerging markets manage currency risks and capital flow volatility. 世界银行也在对各国本币债券市场的发展提供帮助,这将有助于新兴市场应对汇率风险和资本流动的波动。
The US dollar remains the dominant currency for corporate bond sales, representing more than half the global market in the past three months, according to Thomson Reuters. 根据汤森路透的数据,美元仍然是企业债发行的主导计价货币,在过去3个月中占据一半以上的全球市场。
The main issue at the G20 is global imbalances, which provided the backdrop to the financial crisis and continue to distort currency and bond markets. 20的主要议题是全球失衡这是金融危机爆发的大环境,并继续扭曲着外汇和债券市场。
The euro has displaced the US dollar as the world's pre-eminent currency in international bond markets, having outstripped the dollar-denominated market for the second year in a row. 欧元已取代美元,成为国际债券市场上的世界主导货币,欧元债券的市场份额连续第二年超过美元债券。
The recent violent sell-offs in currency, commodity, equity and bond markets were because of whole groups of traders being hit by margin calls, adding momentum to the price moves. 外汇、大宗商品、股票及债券市场近期暴跌的原因,是所有交易员群体都受到了追缴保证金的影响,从而加大了价格波动的动能。
It has held back currency appreciation and steepened the bond yield curve, supporting banks. 它抑制了汇率升值,令债券收益率曲线更为陡峭,由此对银行构成支持。
Local currency financial and corporate bond issuance is about 40 per cent ahead of last year. 亚洲以本地货币计价的金融债和企业债的发行规模也较去年全年增长了约40%。
Van Eck global, the new York-based asset manager, last month launched an emerging market local currency bond exchange-traded fund the first of its kind in the US. 纽约资产管理公司vaneckglobal上个月发行了一只新兴市场本币债券交易所交易基金(etf),这是美国首只此类基金。
ADB and other international financial institutions have regularly used local currency bond issues to help establish pricing in developing bond markets which can then be used as a benchmark for corporate borrowers. adb和其他国际金融机构经常利用本地货币发行债券,帮助发展中债券市场确立定价,供公司借款人当作基准使用。
If they lowered risk premia, now-shallow domestic currency bond markets would deepen. 如果汇率趋稳降低了风险溢价水平,亚洲各国目前规模很小的本币债券市场就有望扩容。
Stimulus measures from one country spill over to their trade partners, creating an additional boost. Co-ordination is also important to mitigate the volatility in currency and bond markets that can be an unintended consequence of unco-ordinated policies. 一国的刺激举措产生的效果蔓延至他们的贸易伙伴,产生额外的推动作用;协调还将在降低外汇和债券市场波动方面发挥重要作用,这种波动可能是未协调政策预期之外的效果。
Another area of concern is the rise of the emerging market corporate hard currency bond market. 另一个值得担忧的方面是新兴市场企业硬通货债券市场的兴起。
Local currency corporate bond issuance has made up$ 49bn of this, a 29 per cent jump on the same period last year and a 308 per cent increase on the same period just three years ago, when these markets were much smaller and more immature. 其中本币公司债券占到490亿美元,同比增长29%,较三年前增长308%,当时这些市场规模小得多,且更不成熟。
They included the need to develop local currency bond markets and reduce dependency on banks for loan financing. 那些建议包括:开发本币债券市场,减轻对银行贷款融资的依赖。
The regional monetary fund, Asian currency unit, and Asian bond market reflect different ideas about carrying out regional cooperation. 从区域货币基金到亚洲货币设想再到亚洲债券市场,人们对如何推动亚洲金融合作的认识逐渐深入。
Among which it also includes two different contents: the issue and investment among different local currency bond markets and the regional bond market, which issues Asian currency-basket bonds or regional currency denominated bonds. 其中,区域债券市场又包含着各本币债券市场的跨境发行、投资以及以一篮子货币或地区货币定值的债券市场。
Therefore, the pound, US dollar and so on, the foreign currency and the foreign currency bond becomes the key point which the wartime Four Banks of the north of deposits can invest. 因此,英镑、美元等外币及其债券即成为战时四行储蓄会投资的重点。