Investors typically take losses of one-third to one-half of the value of bonds when sovereign debts are restructured.
当主权债务得到重新组合后，投资者大约会损失原来债券价值的三分之一到一半。
The relentless pressure on rates raises a double danger. First, it could cause a banking crisis by hammering the value of bonds owned by lenders.
国债收益率面临的巨大压力会引发双重风险：首先，它可能造成银行手中的债券大幅贬值，引发银行业危机。
The wisdom of this shift into equities seemed to be confirmed when the real value of bonds was devastated by the inflation of the 1960s and 1970s.
1960-1970年代，当债券的真实收益被通胀侵蚀时，投资者转向股票的明智之举似乎是对其的验证。
If the price of the associated mortgage bond drops, the homeowner can buy the equivalent face value of bonds at a discount, and use it to redeem the existing home mortgage loan.
如果和贷款关联的债券掉价，业主就能以低价购进等量面值的债券并用之冲抵现有的贷款。
If the price of the associated mortgage bond drops, the homeowner can buy the equivalent face value of bonds at a discount, and use it to redeem the existing home mortgage loan.
如果和贷款关联的债券掉价，业主就能以低价购进等量面值的债券并用之冲抵现有的贷款。
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