另一个观察信用风险的途径：比较伦敦同业拆借率较银行信用违约互换升水的情况，信用违约互换是衡量违约的工具。

Another way of looking at credit risk is by comparing the LIBOR spread with the premiums charged on Banks' credit-default swaps (CDSs), which measure the risk of default.

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尽管当这一消息爆出之后，美国的股市出现下跌，国债的信贷违约互换利差也有所拉大，但是债券市场表现却异常平静，当日收益率仍以低位收盘。

Although stocks fell and credit-default swaps on American debt widened when the news broke, the bond market remained oddly unruffled: yields ended lower on the day.

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国际金融协会确定的目标是，希望希腊债权人的参与率达到这样一个程度，使互换计划涵盖该国90%的民间债务。

The IIF is targeting a participation rate among Greece's creditors that would affect 90% of the country's privately held debt.

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