信用违约互换

这些天来，那些主权信用违约互换（cds）合约是否真能提供针对违约的有效“保险”，变得越来越不明确。

These days , it is becoming less clear whether those sovereign CDS contracts really offer effective " insurance " against default .

当去年美国房地产市场日益变糟时，美国国际集团仍深信信用违约互换（CDS）资产组合将能挺过风暴。

As the US property market turned increasingly sour last year , AIG remained confident its CDS portfolio would weather the storm .

荷兰信用违约互换（CDS）合约的表现已经与德国CDS分道扬镳。

Dutch credit default swaps have parted company with German ones .

可能的漏洞之一是信用违约互换（cds）市场。

One candidate for a leak is the credit default swaps market .

信用违约互换（cds）是一个新杠杆领域。

Credit default swaps are a new frontier of leverage .

10，整合场外交易和信用违约互换（CDS）的结算。

Tenth , consolidate settlement of over-the-counter trading and credit default swaps .

信用违约互换（cds）尤其不可靠。

Credit default swaps are particularly suspect .

基于信用违约互换（CDS）的次贷指数当时已跌至谷底。

Indices of subprime loans based on credit default swaps had already hit the floor .

信用违约互换（cds）息差扩大至极高的水平，反映出市场中的极度恐慌和狂热投机。

Spreads on credit default swaps rose to levels signalling both extreme fear and feverish speculation .

然而，任何限制信用违约互换（cds）交易的措施，都可能带来更大的冲击。

Any measures to curtail credit default swap trading could have a bigger impact , however .

信用违约互换（cds）是一种火箭燃料，它把次贷之火变成了一场滔天大火。

Credit default swaps are the rocket fuel that turned the subprime mortgage fire into a conflagration .

信用违约互换（cds）市场上的交易是在交易对手之间、以双边形式进行。

Trading in the credit default swaps market is conducted on a bilateral basis between two counterparties .

信用违约互换（CDS）对债务违约提供一种保险形式，是信用衍生品最普遍的一种类型。

CDS , a form of insurance against bond defaults , is the most common type of credit derivative .

除了这些监管举措以外，还有出于政治目的而出台的措施，它们影响到欧盟主权信用违约互换（CDS）合约的交易。

Onto these regulations were tacked more politically driven measures affecting the trading of EU sovereign credit default swaps .

人们一度以为信用违约互换（cds）市场这下子要完了，可如今该市场的交易量仍为鼎盛时期的一半左右。

The credit default swap market , once thought to be doomed , is operating at about half peak volumes .

债务抵押债券（collateraliseddebtobligations）只在书末的索引中被提到了两次，信用违约互换（cds）只占了两段半。

Collateralised debt obligations rate just two mentions in the index and credit default swaps get a paragraph and a half .

然而，这个问题可借助基于颇受诟病的信用违约互换（cds）的自动触发机制加以解决。

This problem can be overcome , however , with an automatic trigger based on the much maligned credit default swaps .

美国的银行已利用信用违约互换（CDS）等对冲工具，缩减了对陷入困境的欧元区国家的净敞口。

Using hedges , such as credit default swaps , US banks have reduced their net exposure to troubled eurozone countries .

这引发了信用违约互换（CDS）的违约危机。这种工具为固定收益资产提供一种保险形式。

This triggers a default on credit default swaps – instruments that provide a form of insurance on fixed income assets .

或许也有必要建立净负债包括信用违约互换（cds）的“清算行”。

Establishing a " clearing house " to net liabilities , including in credit default swaps , may also be necessary .

该公司在信用违约互换（CDS）和其它衍生品方面4410亿美元的敞口若出现违约，将会引发一场全球金融灾难。

Default on its $ 441bn exposure to credit default swaps and other derivatives would have been a global financial catastrophe .

信用违约互换（cds）激增，但做空东亚银行股票的头寸实际上少于“正常”水平。

Credit default swaps shot up , but the level of shorting on bea stock was actually below " normal " levels .

欧元区领导人对于主权信用违约互换（cds）市场生存能力的质疑，无异于使债务危机雪上加霜。

By putting in doubt the viability of the sovereign credit default swap market , leaders are making the debt crisis worse .

20会议不会解决规范信用违约互换（cds），或为银行引入逆周期的新资本比率等复杂问题。

The G20 meeting will not resolve the intricacies of regulating credit default swaps or introducing new counter-cyclical capital ratios for banks .

两人都是像信用违约互换（CDS）那样的衍生品（我可对CDS的发明者没有什么不敬之意）。

Both are as derivative as any credit default swap ( by which I mean no disrespect to the inventors of CDS ) .

据信用违约互换（cds）指数来看，投资级企业债券的信誉度骤降至去年11月以来的最低水平。

Investment-grade corporate bonds have seen their creditworthiness fall sharply to their worst level since November , according to credit default swap indices .

正是因为信用违约互换（CDS）等基本上不受监管的场外市场缺乏透明度，才引发了2008年的全球经融危机。

It was the opaqueness of largely unregulated OTC markets , such as credit default swaps , that fuelled the 2008 global financial crisis .

现在，在金融危机造成的大幅下挫后，华尔街正在推动单一名称信用违约互换（CDS）的重启。

Now , after a sharp decline following the financial crisis , Wall Street is pushing a second act for single-name credit default swaps .

信用违约互换（cds）市场令这种局势严重恶化该市场偏爱那些押注于失败的投机者。

The situation is aggravated by the market in credit default swaps , which is biased in favour of those who speculate on failure .

信用违约互换（cds）等特定衍生品容易造成隐性的失衡，因此也必须加以监管、限制或禁止。

Certain derivatives , like credit default swaps , are prone to creating hidden imbalances so they must be regulated , restricted or forbidden .