发达国家的违约事件极其罕见，而新兴市场则相反。 这就让投资者难以估计信用违约掉期定价中的一项关键因素，即他们能从（发达国家中的）破产事件中回收多少钱。
Rich-country defaults are extremely rare (emerging markets, less so) which makes it difficult for investors to estimate how much they would recover in bankruptcy, a key determinant in CDS pricing.
如果假设更为典型的违约债券回收率(1美元约回收40美分)，公司债券市场定价反应69%的违约率预期。
On a more typical recovery rate (around 40 cents on the dollar), the markets were pricing in a 69% default rate.
介绍了国内外探讨和应用的辅助服务定价机制和辅助服务成本回收机制。
Ancillary services pricing mechanisms and cost recovery mechanisms discussed and applied in the world are introduced.
应用推荐