Worldwide, the number of stock offerings is down 15 percent from this time last year, while bond issuance is off 25 percent, according to Capital IQ, a research firm.

根据一家研究公司“资本商情(Capital IQ)”的数据显示，在世界范围内，新股发行量比上年同期下降了15%，而债券发行量则下降了25%。

youdao

The bond proceeds will allow Dubai to meet its obligations this year (which amount to about $10 billion-15 billion) and probably next.

这份合同的收益将允许迪拜今年或明年履行它的义务（总计100亿—150亿美元）。 债券的收益将允许迪拜支付今年或明年的债务（总计100亿—150亿美元）。

youdao

Bond markets, too, differ not just in size - Indonesia's local-currency bond market is equivalent to 15% of GDP (in Malaysia it is 99%) - but in the profiles of investors.

债券市场也不仅是在规模上不同，印尼的本地货币市场是GDP的15%(马来西亚是99%)，还有投资者的性质不同。

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Not paying the May 15 bond could have triggered so-called cross-default clauses, m eaning that holders of other bonds governed by foreign law that were also not swapped could have demanded immediate payment.

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To get the same yield, an investor would have to buy a lower-rated bond, such as a 15-year double-A-rated bond or a triple-B-rated bond maturing in eight years.

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Government bond prices also fell, with the yield on the benchmark 8.15% 2022 bond rising to 7.80% from 7.74% earlier, but later paring some losses to trade at 7.77%.

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