抵押贷款和商业借款被打包贴现到新银行的资产中。

Packages of mortgages and business loans were transferred at a discount to be the new Banks' assets.

youdao

它能追溯到远古时代，不过今天要讲的是现代商业机构的利率，首先要讲的是贴现债券。

They go back to ancient times, but I'm going to talk about some of our modern institutions and I'm going to talk first about discount bonds.

youdao

其二，美联储已经在交易低风险，低回报的国债和购买高收益的私人债券-例如银行贴现贷款，商业票据，和抵押担保证券。

Second, it has been trading in low-risk, low-return Treasury debt and buying higher-yielding private debt—discount loans to banks, commercial paper, and mortgage-backed securities, for example.

youdao

They go back to ancient times, but I'm going to talk about some of our modern institutions and I'm going to talk first about discount bonds.

它能追溯到远古时代,不过今天要讲的是现代商业机构的利率,首先要讲的是贴现债券

耶鲁公开课 - 金融市场课程节选