They wrote that policymakers, using an expanded European bailout fund, could end the Greek panic by offering to swap existing Greek bonds for newly issued bailout-fund debt at a steep discount.

他们撰文指出，救助基金放贷规模扩大后，决策者们可用新发行的救助基金债券以极低的折扣价来置换希腊现有的国债，以此结束希腊债务恐慌。

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The four shareholders have agreed to subscribe to and underwrite a share issue to enable Songbird to repay its entire debt to its lender, Citigroup, also a tenant in Canary Wharf, at a 5% discount.

四大股东同意承购股份，使鸣鸟地产能够偿还花旗银行的债务。 花旗银行也是金丝雀码头的商户，给予5%的折扣。

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The idea was that it could lend funds to Greece, which would buy back its debt at market prices-ie, at a deep discount to its par value.

其设想是借钱给希腊令其以市场价格(实际上是其标准价值的大折扣)买回自己的债务。

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Eventually, interest rates will rise and we will have to address the debt problem (though rising interest rates allow us to buy back our debt at a discount, reducing the debt), as long-term debt can hamper jobs growth, but today we need to address our jobs problem.

FORBES: America's #1 Problem is Jobs, Not Debt

Plans previously rejected by Germany to use the bailout fund to retire Greek debt at a discount have resurfaced.

FORBES: The EU Is Out To Lunch

The government has condemned the outstanding creditors as "vulture funds" - a term for investors that buy sovereign debt at a discount and sue to recover its full value.

BBC: Argentina achieves new debt swap