The owners of the riskiest tranches often have the most voting power.
风险最高的债务持有者常常拥有最大的投票权力。
The market value of some tranches has slumped to less than ten cents on the dollar.
以美元计,一些份额市值已降至不足十美分。
Investors, typically hedge funds, buy high-coupon bonds that are often divided into tranches.
投资者,通常是对冲基金,购买这种分为不同部分的高利率债券。
That could reduce demand for tranches of nearly equivalent risk, as firms become less keen to hold them.
这会削减其他风险基本等价的那部分资产支持证券的需求,因为机构越来越不愿意持有它们。
For example, IASB is likely to allow only the very top tranches of asset-backed securities to be classified as loans.
例如,国际会计准则理事可能只允许顶尖的一部分资产支持证券被分类为贷款。
The super senior tranches did have some attractions for banks.
对银行来说,顶级抵押债权凭证的确有吸引力。
We don't know in which form or in how many tranches the shares are to be sold.
我们不知道这些股份将以何种形式,或者分成多少份出售。
As the Banks offloaded the junior CDO tranches and kept the safer ones, the risks they were exposed to became less obvious.
银行出售次等抵押债权凭证而持有顶级抵押债权凭证,因此其风险敞口并不明显。
Wind, solar, nuclear and hydroelectric projects are already receiving their first tranches of investments from stimulus money.
风力、太阳能、核能以及水力发电计划已经收到了经济刺激计划中的第一笔资金。
That made it harder to find buyers for the super senior tranches and forced many banks to keep them on their own books instead.
这样一来,顶级抵押债权凭证就变得无人问津,只得由银行自己持有。
Many Banks got rid of the riskier and more junior CDO tranches, because their own risk-management systems designated them as too dangerous.
许多银行不愿意持有风险较大、品级较次的抵押债权凭证,因为其自有的风险管理系统认为它们太过危险。
The second feature of the SBA that makes it less well suited to dealing with temporary liquidity crises is that funding is usually released in phased tranches.
SBA协议的另外一个使得其不那么适合处理暂时流动性危机的特点是资金是分阶段拨付的。
In theory, this helps the Banks to reduce risk, makes money for intermediaries who trade the securities, and allows the investors to pick tranches of debt that match their risk appetite.
理论上,此举有助于银行降低风险,券商可从中获益,投资者也能选择一些符合其风险偏好的债务组合。
Mr Greenspan said it was still not clear whether big financial institutions had taken all the writedowns they would need to take on higher rated tranches of mortgage-backed credit products.
格林斯潘表示,尚未清楚大型金融机构是否已经进行了所有的资产减记,包括评级较高的抵押支持信贷产品。
Mr Greenspan said it was still not clear whether big financial institutions had taken all the writedowns they would need to take on higher rated tranches of mortgage-backed credit products.
格林斯潘表示,尚未清楚大型金融机构是否已经进行了所有的资产减记,包括评级较高的抵押支持信贷产品。
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