交易商认为，在金融危机之前加州三分之一的新车都是用住房贷款购买的。
Dealers reckon that before the crisis a third of new cars in California were bought with home-equity loans.
通过一级交易商信贷便利发放的贷款，都有抵押品担保，并且进行了贴现，这样一来，万一发生违约，而美联储不得不卖出抵押品时，美联储可以避免承担损失风险。
Loans made under the PDCF were secured by collateral and discounted to protect the Fed from risk of loss should it have had to sell collateral in the event of a default.
他本周说，此类项目很有希望，因为它们避开了银行和一级交易商，直接向关键信贷市场的贷款者或投资者提供了流动性。
'Such programs are promising because they sidestep Banks and primary dealers to provide liquidity directly to borrowers or investors in key credit markets,' he said this week.
应用推荐