Due to the Treasury of the debtor is country, its repayment guarantee is the national fiscal revenue, so it is almost no credit default risk, financial market risk minimum credit instruments.
因国库券的债务人是国家,其还款保证是国家财政收入,所以它几乎不存在信用违约风险,是金融市场风险最小的信用工具。
By modifying options, makes the possibility of subjective default of the debtor valued, which can to some extent reduce the risk of voluntary default of the debtor.
通过期权修正,将借款人主观违约的可能性价值化,一定程度上减少借款人主动违约的风险。
The risk that a debtor or counterparty will be unable or unwilling to repay or may otherwise default on a financial obligation of some kind.
债务人或交易对手不能或不愿意偿还或履行某种财务义务的风险。
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