释义 |
CDSSCOCA¹⁵⁷³⁰⁵ 基本例句 =clinical decision support system 临床决策支持系统 And a third was to cut the risk of borrowers defaulting, using CDSs with insurers like American International Group. 第三种是将借款人违约风险切除,即通过如美国国际集团之类的保险公司担保 CDS。 ecocn On the other hand, a recent paper by researchers at the European Central Bank says part of the problem with CDSs is that they are used for speculation, as well as hedging. 另一方面,由欧洲央行的研究人员近期提出的一份报告指出大额定期存单的部分问题在于它们被用于投机,而不单是保值。 ecocn The cause of this turn of events is the proliferation of CDSs on the company’s debt. 这轮事件的原因是由于公司债上的信用违约互换的扩张。 ecocn The impact of prohibition could be dramatic: up to80% of CDSs are thought to be naked. 禁止这种交易的影响可能是巨大的:多达80%的信贷违约互换被认为是“裸”的。 ecocn The new red line is now to avoid a credit event for CDSs. 现在新的警戒线是为了信用违约互换避免信用事件。 yeeyan There is broad agreement that“ standardised” CDSs should go through a central clearing house, in order to reduce systemic risk when counter parties fail. 各界普遍认同“标准化”的信用违约掉期交易应经过清算中心这道程序,以便降低对家违约这种系统性风险。 ecocn An intriguing aspect of CDSs is that you can buy them even if you do not own any debt from the company that they refer to. 信用违约互换的一个颇具魅惑的特点是,即使你没有相应公司的任何债务,你也可以购买 CDS。 yeeyan As defaults soar, it is one of the first big firms to have its restructuring complicated by holders of credit- default swaps CDSs. 随着违约剧增,它是公司的重组被信用违约互换持有人搞复杂了的最初的公司之一。 ecocn But what about the sovereign- debt crisis and CDSs? 但是,主权债务危机和信用违约互换又是如何呢? yeeyan By buying a CDSs on Citigroup without owning the corresponding bond, you can bet that Citigroup will default on its obligations. 通过购买花旗集团的 CDS而不持有相应债券,你可以赌花旗集团将发生债务违约。 yeeyan In a practice known as netting, institutions such as PIMCO that trade in CDSs work out their remaining exposure after accounting for their positions on various contracts. 通过一种称为“净值计算”的方法, PIMCO这样的买卖 CDS合约的机构在核算了其各项合约的头寸之后,便能计算出剩余的风险。 ecocn Once considered a marvellous tool of risk management, CDSs now look as though they will magnify, not mitigate, risk. 一度被视为控制风险的神奇工具的信用违约互换,现在则像是在扩大,而不是减小风险。 ecocn Once lauded as a way of offering protection against the risk of companies defaulting, CDSs instead magnified uncertainty as buyers wondered whether sellers could really afford to pay up if called on. 这种曾被称赞为可以防范公司违约风险的衍生工具交易实际上却加大了不确定性,买方怀疑,当要求行权时卖方是否真的有能力支付。 ecocn Some reform of the market for sovereign CDSs is needed. 一些针对主权信用违约掉期的市场改革是必要的。 yeeyan That means some buyers of CDSs, who were betting on default, may paradoxically end up worse off. 这意味着某些押宝在信用违约互换违约的买家将最终承受更多损失。 ecocn They include banks and hedge funds that have acquired credit- default swaps CDSS, the cornerstone of the market. 他们中包括购买了作为市场基石的信用违约互换 CDSs的银行和对冲基金。 ecocn Unsecured creditors who hold CDSs might prefer default to a lengthy restructuring: to them, the insurance policy is worth more than the house. 拥有信用违约互换的无担保的债权人宁愿看到违约也不想看到漫长的重组:对他们来说,保险单比房屋更值钱。 ecocn |