刚性兑付
刚性兑付
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公共债务历来是‘刚性兑付’的。
' Rigid repayment ' has always existed for public debt .
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但是,明显的救助可能重燃债券投资者对于较高风险信贷的需求。国内投资者对中国公开发行债券的刚性兑付预期已被再度激活。
But the apparent bailout may rekindle bond investors ' appetite for riskier credit amid a revival of what local investors call the rigid repayment expectations for publicly issued bonds in China .