If there is a bond that you expect to go into default (it might be a bond backed by a collection of mortgages), you can buy insurance against the resulting loss in the bond's value.
如果你预期一项债券(有可能是受一系列抵押资产支持的债券)将出现违约,你可以购买保险,以弥补债券价值的损失。
The offer includes a menu of four different flavors of bonds with varying coupons and types of insurance? Some would be backed by triple-A-rated collateral.
供其选择的有四种不同类型的债券,其票息和保险种类互不相同,其中有些由三a级债券做抵押。
In other words, the Obama plan is much the same as imposing a health insurance mandate, backed up by the penalty of a tax surcharge on your earnings if you fail to have coverage.
换句话说,奥巴马的计划等同于实施一个健康保险的条例,向未能投保者征收额外的税金作为罚款。
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