It is obvious that among the lesser-developed economies bank loans and equities are a much greater source of external financing than are corporate bonds.

可以明显看出，在比较不发达的国家，相对于公司债券，银行贷款和普通股在外来资金来源中占了绝大部分比例。

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Ecuador's low rating reflects doubts about President Rafael Correa's willingness to service the country's external bonds rather than a lack of capacity to pay.

ECONOMIST: Country risk ratings

Worse, few debt crises are purely about external sovereign bonds.

ECONOMIST: IMF/World Bank meetings