In 2001.11, when Railtrack became insolvent, Nomura attempted to settle the CDS through delivery of Railtrack convertible bonds.
在2001.11,当铁路公司破产,野村试图通过铁路公司提供的可转换债券对信用违约互换进行交割。
The disputed matter was whether convertible bonds constitute "deliverable obligations" under the 1999 Definitions, Nomura had purchased protection under a CDS from CSFB on Railtrack.
有争议的是,1999年的定义下,可转换债券是否构成“交割的债务”,野村证券购买了第一波士顿的铁路公司的信用违约互换的保护。
The disputed matter was whether convertible bonds constitute "deliverable obligations" under the 1999 Definitions, Nomura had purchased protection under a CDS from CSFB on Railtrack.
有争议的是,1999年的定义下,可转换债券是否构成“交割的债务”,野村证券购买了第一波士顿的铁路公司的信用违约互换的保护。
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