为什么不用被大肆宣扬的稳定基金作为抵押以实施欧洲布雷迪债券计划？这项计划终止了主权债务危机发生的可能性。
Why not use the much-heralded stability fund as collateral for a European Brady bond plan that puts an end to the sovereign debt saga?
我自己没有持有任何外国债券基金；我很早以前对它们的风险和缺乏流动性敬而远之。
I don't have any foreign bond funds myself; I was turned off long ago by their risk and illiquidity.
最近股票，债券和货币市场的低变动性正好和对冲基金的大幅扩张同时出现，但，这决不是巧合。
It is surely no coincidence that the recent low volatility of equity, bond and currency markets has coincided with hedge funds' explosive growth.
脱离股市，逐步走向企业债券、货币和新衍生产品，基金应该会增加亚洲市场的流动性和复杂性。
In moving away from equities towards corporate bonds, currencies and new derivatives the funds should add to the liquidity and sophistication of Asian markets.
但投资者如果在国库债券流动性不足的时候要求收回他们的钱银，那么货币市场基金可能会被迫暂停货币回笼或“跌破票面价值”。
But if investors demanded their money back at a time when Treasury bills were illiquid, money-market funds might be forced to suspend resumptions or "break the buck".
韩国央行副行长Lee Ju - yeol说，为该基金提供流动性支持旨在帮助公司债券和商业票据市场上的资金实现顺利流动。
'the liquidity support for the fund is aimed at helping to smooth liquidity flow in the corporate bond and commercial paper' markets, said Lee Ju-yeol, a deputy governor at the central bank.
这些流动性的需求包括：用来购买存货的流动资本，以及支付明天就要到期的债券利息的基金。
They include working capital to buy inventory and funds to pay bond interest due tomorrow.
此举可促进市场多方面使用外汇基金票据及债券，提高定息债券市场的流动性，以及有助减低系统风险。
This promotes market-wide use of the Exchange Fund paper, increases the liquidity of fixed-income market and helps reduce systemic risk .
为增加外汇基金票据及债券在第二市场的流动性，金管局已制定有效的市场庄家制。
To enhance secondary market liquidity, the HKMA has put in place an effective market-making system for Exchange Fund Bills and Notes.
同某些权益型和债券型基金不同的是，管理外汇基金可具有更强的投机性。
Unlike certain other funds investing in equities or bonds, managed FX funds can be more speculative.
同某些权益型和债券型基金不同的是，管理外汇基金可具有更强的投机性。
Unlike certain other funds investing in equities or bonds, managed FX funds can be more speculative.
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