Chapter 15 describes how debt and equity securities are issued.

第15章介绍了债券和股票是如何发行的。

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So, you now know about the two basic securities: equity and debt, better known as stocks and bonds.

所以，现在你知道两个基本的证券：拥有权和借款，也就是常说的股票和债券。

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China Merchants Securities believes that the massive scale of debt to equity is feasible and necessary.

招商证券认为，银行大规模债转股可行且必要。

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With long-term investment horizons, life insurance companies in developed economies are important investors in the stock market, as well as in the private placement markets for debt and equity securities issued by small- and medium-sized enterprises.

FORBES: Life Insurance In China

Lehman's exposure to mortgage- and asset-backed securities and collateralized debt obligations is 400% of its tangible common equity, according to research by Sanford Bernstein.

FORBES: Magazine Article

The drafters seemed to have forgotten that securities include debt as well as equity, and that debt is often issued outside the issuer's home country.

ECONOMIST: Laborious efforts towards a single market