The central bank, in turn, has used the money to buy foreign bonds.
而央行,把钱用来购买外国债券。
Buying foreign bonds (and selling Swiss francs) is thus a logical step to expand liquidity.
购买外国债券(同时出售瑞士法郎)作为下一个增加流动性的步骤就顺理成章了。
The money to buy foreign bonds has come from the reserves required that commercial banks must deposit with the central bank.
购买海外债券的钱来自于商业银行必须存于央行的储备金。
Our current portfolio has 11% allocated to domestic equities, 15% to foreign equities,and 4% to bonds, so traditional marketable securities account for 30% of assets.
我们当前的投资组合中11%是国内股,15%是国外股,4%是债券,所以传统有价证券占总资产的30%
When you look at each of those individual asset classes -domestic equities, foreign equities, bonds, real assets, absolute return and private equity -each of those individual asset classes is going to be relatively well-diversified in terms of exposures to individual positions or individual securities.
当你观察每一种资产,比如国内股权,国外股权,债券,不动产,绝对收益和私募股权,这其中每一种,比起单一头寸或单一证券,风险都是相对分散的
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