abcp

In mid-July , ABCP investors refused to roll over some of these notes .

7月中旬，资产支持商业票据投资者拒绝对其中一些票据进行再投资。

Everything in this market depends on investors in the ABCP market maintaining their faith in the programmes and the assets they hold .

这个市场中的一切，都取决于资产支持商业票据市场中的投资者对这些工具和它们持有的资产保持信念。

Trend Analysis on Pushing ABCP of New-Type Financing Tool in Our Country

我国推行ABCP新型融资工具的趋势分析

Under a restructuring plan devised towards the end of last year , ABCP would be converted into longer-term securities .

根据去年年底拟定的一项重组计划，资产担保商业票据将要被转化为期限更长的证券。

To protect investors ' interest , ABCP programs are structured with various protections such as credit enhancement and liquidity support .

为保护投资者的利益，项目还建立了不同的保护措施如信用增级、流动性支持等。

It was their sudden withdrawal that caused the market in asset backed commercial paper ( ABCP ) to seize up .

正是由于短期债券的突然撤出才导致了资产支持商业票据的失灵。

There is deep uncertainty about what the central banks will do next making ABCP players even more reluctant to start issuing and trading again .

央行的下一步行动存在很大的不确定性，这使得资产支持商业票据参与者更不愿意再次开始发行和交易。

As a result , by mid-July some investors decided to stop buying ABCP paper from SIVs suspected of subprime exposure .

结果，到7月中旬，一些投资者决定停止购买涉嫌参与次级抵押贷款的结构性投资工具的资产支持商业票据。

That panic about ABCP vehicles has consequently made it hard for some European banks to raise short-term money , pushing up overnight money market rates .

对于资产支持商业票据这种工具的恐慌，使得一些欧洲银行难以筹措到短期资金，从而推高了货币市场隔夜拆借利率。

What some people are hoping is that the bottom fishers will appear and help the market self-correct , says one big ABCP issuer .

一位大型资产支持商业票据发行人表示：一些人希望会出现逢低买入者，帮助市场进行自我修正。

These funding lines have rarely been drawn in recent years , because liquidity has been abundant in the ABCP market as almost everywhere else in the financial world .

近年来，这些筹资额度鲜有减少，因为就像金融世界几乎所有其它领域一样，资产支持商业票据市场的流动性也一直比较丰沛。

By early August , the problems in the ABCP market had become so serious that some European banks were preparing for additional calls on credit lines to SIVs .

到8月初，资产支持商业票据市场的问题已变得非常严重，一些欧洲银行开始准备进一步呼吁为结构性投资工具提供信贷额度。

That voice became louder after the 20 conduits , or trusts , holding ABCP were placed under court protection last month pending approval by investors .

当20家拥有资产担保商业票据的投资渠道（或称为信托）在上月被置于法庭保护之下，并等待投资者核准时，这个声音愈加响亮。

The synthesis and dynamic mechanical properties of AB crosslinked Polymer ( ABCP ) and simultaneous interpenetrating polymer networks ( IPN ) based on castor oil polyurethane were studied .

研究了蓖麻油聚氨酯基AB型交联聚合物（ABCP）及同步法合成互穿聚合物网络（IPN）的动态力学谱。

Collectively this so-called " asset-backed commercial paper " or ABCP lasts for anything between a few days and a few months before needing to be refunded .

综合起来，这种所谓的“资产支持商业票据”（asset-backedcommercialpaper）在需要偿还前，可持续几天到几个月不等。

The problem could be thrown into relief when billions of dollars of ABCP mature today and on Wednesday , with great uncertainty as to whether this can be refinanced .

这个问题可能在本周就必须要面对了，将有数十亿美元的资产支持商业票据到期，能否实现再融资存在很大的不确定性。

As it became apparent this summer that the US subprime problems were worsening and infecting a broader range of structured products , some investors in the ABCP market started to worry about whether SIVs were also sitting on losses .

美国次级抵押贷款问题恶化而且传染到更广泛结构性产品的现象，在今年夏季开始变得明显，为此，资产支持商业票据市场中的一些投资者开始担心，结构性投资工具是否也在遭受损失。

The results show that ABCP has a single Tg relaxation on the dynamic mechanical spectrum , and the dimension of castor oil polyurethane domains is less than 2 nm . Therefore , the two components in ABCP are nearly compatible .

ABCP的两组分近似互容，在动态力学谱上呈现出单一Tg松弛，用透射电子显微镜观察，聚氨酯相区尺寸小于2nm；