Neither the mere existence of a no-bailout clause nor the action of financial markets was in fact sufficient to prevent the need for bailouts.
事实上,不管是“不救援”条款的存在还是金融市场的作用都不足以制止资金救助的需要。
They were able to hold out because Argentina's bonds had no "collective-action clause" forcing everyone to participate if it reached a threshold of takers.
他们之所以有此主张,是因为阿根廷债券没有“集体行动条款”,该条款可以在达到持有人阈值后迫使每个人都参与行动。
They were able to hold out because Argentina's bonds had no "collective-action clause" forcing everyone to participate if it reached a threshold of takers.
他们之所以有此主张,是因为阿根廷债券没有“集体行动条款”,该条款可以在达到持有人阈值后迫使每个人都参与行动。
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