It's actually — our International Center for Finance is sort of a museum for defaulted bonds.

实际上，我们的国际金融中心，有点像违约债券的博物馆。

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That has a side effect: The European Central Bank has made clear it wouldn't accept defaulted bonds as collateral for its lending operations.

这样会产生一个副作用：欧洲央行已明确表示，在它提供贷款时，不会接受违约债券作为抵押。

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Over the year to the end of October, only 2.9% of American junk bonds had defaulted, according to Standard &Poor’s (S&P), a rating agency.

根据评级机构标准普尔（标普），到10月底截至的过去一年中，美国垃圾债券的违约率只有2.9％。

youdao

It's actually--our International Center for Finance is sort of a museum for defaulted bonds.

实际上,我们的国际金融中心,有点像违约债券的博物馆

耶鲁公开课 - 金融市场课程节选

Once it emerges from default, the ratings on the defaulted bonds would be lifted, too.

ECONOMIST: Ratings agencies and the debt crisis

Defaulted bonds from municipalities like Vallejo, Calif.

FORBES: Loose Lips, Lots Of Hype Make Municipal Bonds Look Juicy

But a sale would probably leave slim pickings for U.S. holders of Venture's now-defaulted bonds, judging from the market's response to events: Senior subordinated notes in Venture have been trading for as little as 3 cents on the dollar.

FORBES: Magazine Article