The monolines' woes are already largely priced in.
债券保险商已经付出了代价。
Were the monolines to lose their top-notch ratings, they fear, many issuers could struggle to meet higher funding costs.
若这些债券保险商失去了最高的信用评级,他们担心很多债券发行商将面临更高的发行成本,这使得这些发行商难以生存。
But the rationale for the deal was undermined by the credit problems of the "monolines", which insured the sewer system's bonds.
但是,这种交易的受到“单一险种保险”公司(这类公司为这个下水道系统进行保险)的信用问题影响。
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