互换

CDS spreads on Pakistan, which is haemorrhaging foreign exchange reserves to prop up a weak rupee, have risen to a record 3,026 basis points, or a cost of more than $3m to insure $10m of debt over five years.

从信用违约互换——一种针对债券违约的保险形式——的交易情况来看，市场预期巴基斯坦发生债务违约的可能性高达90%。

The soldiers put down their guns and went into no-man's-land to exchange gifts, sing songs, and yes, play football.

士兵们放下枪杆，走出壕沟，在无人区和敌人互换礼物，一起唱歌，对了，还有一起踢足球。

In a potentially important reversals of roles, a mainland Chinese electronics company based in Shenzhen has kickstarted a multimillion-dollar investment in Hongkong's laggard high-technology sector by signing a contract with the Hongkong Government to take a site for a planned US 2 million state-of-the-art semiconductor plant.

总部设在深圳的一家中国大陆的电子公司与香港政府签订一项合同，参与建设已规划完毕、总投资为3.12亿美元的一家高级半导体工厂。这家公司由此主动开始向香港发展迟缓的高科技领域注入数百万美元的投资。此举体现香港与内地角色的互换，具有潜在的重要性。

A second larger wave of residential housing mortgage failures;(2) The first big wave of auto loan failures and repossessions;(3) Over $40 billion in credit card defaults, smashing the bank lenders;(4) The first wave of commercial mortgage failures and foreclosures on shopping malls, office buildings and other commercials;(5) And finally, the grand smashing finale of CDS Credit Default Swaps originated with No margin money or down payments!

在明年春天，我们看到：（ 1 ）第二次大浪潮住宅按揭失败；（ 2 ）第一大浪的汽车消费贷款的失败和收回；（ 3 ）超过400亿美元的信用卡违约，打破了银行贷款；（ 4 ）第一批失败和商业抵押贷款抵押品赎回权的购物商场，办公楼和其他商业广告；（ 5 ），最后，大砸最后的CD信用违约互换起源无保证金资金或订金！

In each case, holders of CDS contracts suddenly found themselves committed to paying for protection on bonds on the verge of extinction--rather like paying for insurance on a car heading for the scrapyard.

一时间，信用违约互换合同的持有者无一例外地发现：按照承诺，他们一直在为即将化为乌有的债券支付保险费，这无异于为一辆离报废不远的汽车买保险。

Both carriers also have hosted joint workshops in engineering, computer support and other operations, but these personnel exchanges haven't been long-term secondments, a Cathay Pacific spokeswoman said.

国泰航空发言人说，两家公司也有工程、电脑支持和其他业务方面的合作项目，但这种人员互换并非长期借调。

By changing the interchangeable tablecloths, Ross Well is able to appear in many different robes.

通过改变可互换桌布，罗斯井能够出现在许多不同的长袍。

Figure C.1 shows an exploded view of an injection mould with interchangeable two-caity plates for type A,B,C,D1 andD2 ISO moulds as well as for customer-tailored as/if possible.

图 C1显示了具有可互换双腔板的用于 A，B，C，D1及 D2型 ISO 模具以及可以为用户定做的注塑模具的分解图。

The results demonstrated that the dup(p21) and the del(p11) were of paternal origin and i was of maternal origin. The dup(p21) arose from an unequal sister chromatid exchange. The del(p11) occurred through X chromosom e breakage and deletion machanism.

结果表明，dup(p21)和del(p11)起源于父方，而i起源于母方。dup(p21)是由X染色体姊妹染色单体不均等的互换所引起的，del(p 11)是由于X染色体断裂后丢失所致，i的发生是由于卵母细胞X染色体着丝粒错分裂。

Molex and Bridgelux Partner to Create Industry's Most Cost Competitive, Interchangeable and Upgradeable Solid State Lighting Solution

美国Molex与Bridgelux联合推出全球首家业界最具成本竞争优势，易互换及升级性的LED半导体照明解决方案！

The split between the two groups can hardly be papered over.

这两个团体间的分歧难以掩饰。

This approach not only encourages a greater number of responses, but minimizes the likelihood of stale groupthink.

这种做法不仅鼓励了更多的反应，而且减少跟风的可能性。