Investments that are denominated in a given currency include money-market funds, bonds, mortgages, bank deposits, and other instruments. 市场上以特定货币结算的投资包括货币市场基金、债券、按揭、银行存款和其他工具。
Over the past six weeks, turmoil in the financial sector caused many money-market mutual funds to limit most of their investments to overnight commercial paper. 过去六周来,金融领域的动荡导致货币市场多家共同基金将它们的大部分投资限于隔夜商业票据。
Money-market fund managers are traditionally large participants in the commercial-paper market, where companies and banks finance near-term obligations. 货币市场基金是商业票据市场传统的主要投资者,而公司和银行需要借助这个市场获得短期融资。
Guaranteeing all bank liabilities without doing the same for money-market mutual funds or insurance companies could prompt customers to move money from one sector to another, seeking the best protection. 如果对所有银行债务提供担保,而对货币市场共同基金或保险公司不同等对待的话,消费者可能会因此将资金从一个领域转至另一个领域,以便求得最好的保护。
Financial firms fear further fallout from the recent, potentially catastrophic run on money-market funds that prompted the government to step in with guarantees. 金融公司担心最近在货币市场基金上潜在的灾难会有更严重的辐射影响。这促使美国政府介入市场提供担保。
Among money-market mutual funds, which invest in short-term debt and other instruments, it is the other way round. 货币市场共同基金用于投资短期债券和其他票据,这里的情形恰好相反。
Traditional WMPs are backed by credit assets such as bonds, loans and money-market instruments. 传统理财产品的背后,是债券、贷款和货币市场工具等信贷资产。
In 2014 the successful offering of a money-market fund on an electronic platform caused the Hong Kong fund industry to take notice. 2014年,一支货币市场基金在一个电子平台上成功发售,引起了香港基金业的注意。
But Alibaba and Tencent have already proven their ability to attract funds into deposit-like money-market funds sold online and through their websites and mobile applications. 但阿里巴巴和腾讯已证明它们有能力吸引资金投入它们在网上以及通过网站和移动应用销售的存款类货币市场基金。
But more people appear to be warming up to stocks, in many cases likely by diverting money they had been sending to money-market funds and bank savings accounts. 但似乎有更多人准备开始投资股票了。很多情况下,他们可能会将过去投入货币市场基金和储蓄账户的钱转投股票。
Online investment funds offered by internet companies such as Alibaba and Tencent have blown a hole in that ceiling by giving savers direct access to money-market funds. 由阿里巴巴和腾讯(Tencent)等互联网公司提供的在线投资基金,让储户直接与货币市场基金对接,从而避开了这个上限。
In addition to higher yields, the money-market products have lured depositors away from traditional banks by integrating them with these companies 'mobile-payment services. 除了较高的收益率之外,货币市场产品还通过与各自运营商的移动支付服务结合在一起,将储户从传统银行吸引过来。
If companies are unable to predict a large-scale withdrawal, investors in the funds could face significant losses as assets would have to be sold at low prices to generate liquidity for the money-market funds, they said. 他们同时说,如果公司无法提前预料到大规模提款的发生,购买相关基金的投资者就可能面临巨大损失,因为公司会被迫低价抛售资产来为货币市场基金提供流动性。
Money-market mutual funds are best. 货币市场的共同基金是最好的。
Tencent and Alibaba have both used their online presence in the past to sell 'shadow-banking' products like money-market funds. 腾讯和阿里巴巴过去都曾利用其互联网平台销售类似货币市场基金的影子银行产品。
Markets welcomed the announcement, with euro-zone bond futures falling and money-market rates easing in its wake. 市场对该声明反应良好,欧元区债券期货随即下跌,货币市场利率有所缓和。
But in recent years, many older people have been persuaded by the banks to invest their savings in high-yielding money-market accounts. 但近年来,银行说服许多老年人把储蓄投资到高收益货币市场账户上。
Before the crisis almost all leading central banks operated through the short-term ( usually overnight) money-market rate. 危机前,几乎所有主要国家的央行都通过短期(一般是隔夜)资本市场利率来运行。
They are moving more cash to safety in bank accounts, money-market funds and Treasurys, despite declining interest rates. 尽管利率处于下降通道,企业为了避险,还是将更多资金存入银行或投资货币市场基金和国债。
The devisers of Regulation Q did not intend to boost the money-market fund industry or to prop up London as a global financial centre but that is the effect they had. Q规则的创始人没打算刺激货币市场基金业繁荣发展,或者把伦敦推上全球金融中心的宝座,但确实取得了这样的结果。
The result: the new investor class is losing its appetite for risk and is parking its cash in unglamorous, low-yielding money-market funds and bank savings accounts. 结果,新的投资群体逐渐丧失了风险投资欲,把资金转向了毫无吸引力、收益率低的货币市场基金和银行储蓄。
MONEY-MARKET fund managers have been in pain for some time. 货币市场基金经理已经痛苦了好一段时间了。
Optimists point to the record$ 1.6 trillion that American firms have on deposit, in money-market funds, and in bonds and bills. 乐观者指向了美国企业拥有的$1.6万亿现金储蓄,货币市场基金,还有债券和钞票。
Money-market and treasury-bill funds are the most conservative mutual funds and invest primarily in government ( or equally safe) securities. 货币市场和国库券基金是最保守的共同基金,主要投资于政府(等同安全)券。
"Money-market funds say it's easier just to say to clients that'we haven't any exposure to Europe'than to try to explain the differences," says a central banker. “货币市场共同基金表示,告诉客户‘我们在欧洲没有任何投资’,要比试图去解释这其中的差异容易多了,”一名央行的银行家如是说。
They are putting their money into cash or money-market funds, rather than equities or corporate bonds. 他们把钱变成现金或是投资货币市场基金,而不是投资股票或是公司债券。
The central bank also has raised money-market rates to drain liquidity. 同时,中国央行也提高了货币市场利率以吸收流动性。
Only savings accounts and money-market funds, both of which enjoyed an explicit government guarantee during the financial crisis, scored higher than homes. 只有储蓄账户和货币市场基金这两种在金融危机时期都享受政府明确担保的投资,其得分才高于房产。
Long-term bond issues have become scarce and American money-market funds, hitherto buyers of short-term bank bills, are running scared. 长期债券的发行量已经很少,美国短期借贷市场基金,短期银行汇票的购买者到目前为止也越来越感到恐惧。
Pension and money-market funds are restricted from holding lowly rated securities; 养老基金和货币市场基金因持有低级债券而被限制;