• Neither the mere existence of a no-bailout clause nor the action of financial markets was in fact sufficient to prevent the need for bailouts.

    事实上,不管是“不救援条款存在还是金融市场作用不足以制止资金救助需要

    youdao

  • They were able to hold out because Argentina's bonds had no "collective-action clause" forcing everyone to participate if it reached a threshold of takers.

    他们之所以有此主张,是因为阿根廷债券没有集体行动条款”,条款可以达到持有人阈值迫使每个人都参与行动。

    youdao

  • They were able to hold out because Argentina's bonds had no "collective-action clause" forcing everyone to participate if it reached a threshold of takers.

    他们之所以有此主张,是因为阿根廷债券没有集体行动条款”,条款可以达到持有人阈值迫使每个人都参与行动。

    youdao

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