对一些证券提高垫头将为其提供额外保护，以抵抗由于抵押物的期初估价过高所产生的风险。
Increasing the haircuts for some securities would offer extra protection against the risk that initial valuations of collateral are too generous.
一些观察员宣称存在一个利益冲突，证券发行者贿赂了估价的机构人员。
Some observers say there is a conflict of interest, as the issuers of securities pay the agencies to rate them.
以复苏重要的非银行资金源头，比如最基本的证券业，即使它在信用方面的急剧扩张导致风险的估价错误。
Reviving important non-bank funding sources, such as securitisation, is essential, even if its huge expansion in the credit boom led to the mispricing of risk.
问题并非如此，即使是中信证券的估价也是行业不同的声音。
Problem is not the case, even the valuation of CITIC Securities is also the industry Different voices.
测算市盈率对于确定证券组合预期的持有期收益率非常重要，这正是估价任何证券组合的基础。
Measuring the price-earnings ratio of share is important for determining the expected holding-period return which can be used as a basis for valuing any portfolio.
而在它们相关联的证券和资产面临当前这种低迷的市况时，给它们估价就更难了。
Valuing them becomes more difficult when the market for the securities and assets they're linked to is in the kind of distressed situation that currently exists.
当前金融危机核心的资产类别——主权债务——比导致上次危机的证券化次级贷款要容易估价得多。
The asset class at the heart of this phase of the financial crisis-sovereign debt-is far easier to value than the securitized subprime mortgages that caused the trouble last time.
当前金融危机核心的资产类别——主权债务——比导致上次危机的证券化次级贷款要容易估价得多。
The asset class at the heart of this phase of the financial crisis-sovereign debt-is far easier to value than the securitized subprime mortgages that caused the trouble last time.
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