最后衡量标准是基于公司债券市场。
由于悲观投资者远离公司债券市场。
Due to depression investors go away from corporate bond market.
公司债券市场是金融市场的重要组成部分。
The corporate debenture market is an important part of the financial market.
大力发展公司债券市场；
公司债券市场是金融市场的重要组成部分。
The debenture market is an important part of financial market.
在中国，公司债券市场规模小，监管负担高。
In China, corporate bond market is small. Regulatory burden is high.
所有这些凑巧碰到一个非正常地对公司债券市场的偏好时期。
All this has coincided with an exceptionally favourable period for corporate-debt markets.
随着投资银行于2008年秋轰然倒坍，恐慌席卷公司债券市场。
AS INVESTMENT Banks toppled in the autumn of 2008, panic swept the corporate-bond market.
上市公司的低长期负债与我国公司债券市场不发达、缺少中长期债务市场有关。
The causes can be found in the underdeveloped corporate debt market and lack of long-term debt market.
能够证明，公司债券市场治理机制相比银行人情式交易中介治理，是一种更为有效的治理机制。
It can be proved that corporate bonds governance mechanism is effective than bank's personalized exchange intermediary mechanism governance.
商业银行不能参与交易所公司债券市场，但个人、企业投资者可直接参与，小额交易的流动性较好。
Commercial Banks cannot participate the bourse corporate bond market, but individuals and firms can directly join in, as the liquidity of small amount trade is good.
对应第三章的阐述，一个明显的特点是，各种公司债券市场都相对地欠发达，包括各种长期间的证券。
Echoing the discussion in Chapter III, one noticeable feature is the relative underdevelopment of corporate bond markets, including securities of long duration.
在美国，资产证券化市场的规模超过了公司债券市场和国债市场，成为了美国债券市场上最大的子市场。
In America, the scale of the Asset-backed securitization market has exceeded the scale of company bond market and national bond market, and has been the biggest part of the bond market.
公司财务信息的透明程度与债券发行中所受到的利率等政策性限制的强弱决定了公司债券市场作用的大小。
The transparency of corporate financial information and the policy limitations on issuing corporate bond determine the magnitude of the corporate bond market's impact.
如果假设更为典型的违约债券回收率(1美元约回收40美分)，公司债券市场定价反应69%的违约率预期。
On a more typical recovery rate (around 40 cents on the dollar), the markets were pricing in a 69% default rate.
随着美国公司收入和信贷质量得到恢复，私人国际投资者进入美国产权和公司债券市场的流动量也出现了反弹。
Private international investor flows into the U. S. equity and corporate bond markets rebounded with the recovery in U. S. corporate earnings and credit quality.
一些分析师认为，在近几个月来的快速上扬后，包括新兴市场和公司债券市场的某些资产的价格已经出现了难以持续的上涨。
Some analysts believe certain asset prices, including in emerging markets and corporate bond markets, may already be rising unsustainably, following a speedy recovery in recent months.
在过去十年里股票市场和之后的公司债券市场出现的泡沫都使这两大观点的严重缺陷更加突出，至少从它们的执行方式来看就是这样。
The bubbles during the past decade in both stockmarkets and, later, the market for corporate debt highlighted serious flaws with both of these ideas, or at least with the way they were implemented.
实力丰厚的公司可能会以更合理的价格发行公司债券，但债券市场依然脆弱。
Strong companies may be able to issue corporate debt at a more reasonable price, but that market remains fragile.
虽然国债看上去不错，债券市场的其他品种更有吸引力，它们包括市政债券，公司债券，可转换证券，一些抵押贷款证券和优先股。
While Treasuries look rich, other parts of the bond market beckon, including municipals, corporate bonds, convertible securities, some mortgage securities and preferred stock.
债券市场显而易见的吸引力是它的规模：价值约10 兆美元的公司债券在2003年进行了交易，这一数字比纽约证券交易所的交易额高四分之一。
The obvious attraction of the bond market is its size: some $10 trillion-worth of corporate bonds traded in 2003, a quarter more than the trading volume on the NYSE.
因为属于初级债券市场，外国银行不被允许对国内的金融或公司债券进行保险。
Pertaining to the primary bond market; foreign Banks are not allowed to underwrite domestic financial or corporate bonds.
因为属于初级债券市场，外国银行不被允许对国内的金融或公司债券进行保险。
Pertaining to the primary bond market; foreign Banks are not allowed to underwrite domestic financial or corporate bonds.
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