If it appreciated, this would increase the repayment cost of yen-borrowing and offset the interest differential.
日元升值将增加借入日元的还款成本，抵消利差带来的收益。
Prices of corporate and emerging market bonds are quoted as spreads (interest differential) over relevant yield curve benchmarks in inter bank dealings.
在银行与机构投资者的交易盘市场，公司发行的债券和新兴市场债券(emerging market bonds)的报价是基于相关收益率曲线基准的利差(spreads/interest differential)。
Prices of corporate and emerging market bonds are quoted as spreads (interest differential) over relevant yield curve benchmarks in inter bank dealings.
在银行与机构投资者的交易盘市场，公司发行的债券和新兴市场债券(emerging market bonds)的报价是基于相关收益率曲线基准的利差(spreads/interest differential)。
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