在这种机制下，投资者同意在将等值的老债券卖给银行的情况下，购买新的债券，从而确保其净风险敞口并未进一步扩大。
In such an arrangement, an investor agrees to buy into a new issue in return for being able to sell back to the Banks an equal amount of an old one, thus ensuring its net exposure does not rise.
我国风险投资扩张的关键在于进入与退出机制的进一步完善。
The key to the expansion of venture investment of our country lies in the further perfection of entrance withdrawal mechanism.
本文集中讨论了风险投资决策机制的设计、应用与动态调整。
Then discuss mainly the design, application and dynamic adjustment of the decision mechanism of venture investment.
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