When a Danish mortgage bank grants a mortgage it is obliged to sell an equivalent bond with a maturity and cashflow that matches those of the underlying loan almost perfectly.
当丹麦银行批准一笔抵押贷款时,它必须同时出售等额的同期限的债券,以此来完全匹配该笔借款。
“The universal bank is the regulatory equivalent of the super-senior mortgage-backed bond,” says one analyst.
有分析家称:“综合性银行就相当于受监管的、抵押业务支撑的超级债券。
Under a CDS, one party seeks to protect itself against the default of a bond issuer by paying an annual sum—the equivalent of an insurance premium—to someone else who wants to take on the risk.
在信用违约掉期条款下,一方为了保护自己免受国债发行者债务违约的风险,支付一定年费(相当于保险费)给第三方,让第三方来承担相应的风险。
If the price of the associated mortgage bond drops, the homeowner can buy the equivalent face value of bonds at a discount, and use it to redeem the existing home mortgage loan.
如果和贷款关联的债券掉价,业主就能以低价购进等量面值的债券并用之冲抵现有的贷款。
Bond markets, too, differ not just in size - Indonesia's local-currency bond market is equivalent to 15% of GDP (in Malaysia it is 99%) - but in the profiles of investors.
债券市场也不仅是在规模上不同,印尼的本地货币市场是GDP的15%(马来西亚是99%),还有投资者的性质不同。
To simulate the long gold wire and large bond pad, an equivalent method was presented in thermal analysis.
为了用较小的规模模拟相对较长的金线和较大的焊盘,提出了一种温度场分析的等效方法。
Thus the market value of a convertible bond tends to fluctuate with the market value of an equivalent number of shares of common stock.
因此,可转换债券的市价会随等值的普通股的市价波动而波动。
Yields on 10-year debt issued by Germany dropped to 0.56 per cent for the first time, while equivalent Japanese bond yields hit a record low of 0.36 per cent.
德国发行的10年期债券的收益率首次跌至0.56%。 与此同时,日本10年期债券的收益率降至0.36%的创纪录低点。
Yields on 10-year debt issued by Germany dropped to 0.56 per cent for the first time, while equivalent Japanese bond yields hit a record low of 0.36 per cent.
德国发行的10年期债券的收益率首次跌至0.56%。 与此同时,日本10年期债券的收益率降至0.36%的创纪录低点。
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