公司债券

Stock and share certificates are evidence of your stake in a company, or in the case of"Gilts", that you have lent money to the government by buying government stock.

证券和股票是你在一个公司里投资的凭据，要是交易的是金边债券，它证明你通过购买政府债券，把钱借给了政府。

It is understood that in the United States, to buy more bonds for enterprises and institutions, while domestic debt is the main investment banks, in the difficult economic situation, companies tend to hedge buying government bonds, while banks often can not accept negative interest rates.

据了解，在美国，购买更多的企业和机构债券，而国内的债务是主要的投资银行在困难的经济形势，公司倾向于购买政府债券避险，而银行往往不能接受的负利率。

A lunatic fringe, populated mainly by private-equity types, thinks this is a licence to gorge on debt, but most serious companies are mainly equity-financed and were not tempted by the credit bubble.

由私募股权支持的极端主义者会把债券的这一点优势当作发债券的通行证。但是多数正派的公司主要都是通过股本来融资的，不受信贷泡沫的蛊惑。

John Mauldin, another influential investor, thinks counterparty risk in CDS will be one of the big stories in 2008, particularly as already-fragile bond insurers are big in that market. On January 9th MBIA, the largest such insurer, said it will raise new equity to stave off a ratings downgrade.

另外一个有影响力的投资人John Mauldin认为CDS合同中的持有方风险将是2008年的大事件，特别是当已经相当脆弱的债券保险商在这市场中占有很大份额。1月9日，最大的债券保险商MBIA宣布将出售新股，以避免被评估公司降级。

Bond Form: The Pennsylvania mortgage broker bond form scares many bonding companies away from the bond.

债券形式：宾夕法尼亚抵押债券形式的经纪人远离惶恐许多担保公司债。

To gain access to large amounts of cash, a company may issue bonds and each bond is, in effect, a long-term note payable that bears interest.

一个公司为了筹集大量现金可以发行债券，每张债券实际上都是带息的长期应付票据。

To make a bond issue more attractive to conservative investors, some corporations create a bond sinking fund, designated for repaying the bonds at maturity .

为了使发行的债券对稳健的投资者更具吸引力，有些公司设立了专门用于在到期日偿付债券的偿债基金。

Prior to joining private equity, Skee worked for Deutsche Bank in its Investment Banking division where he advised international companies in their IPO, block trade, debt and convertible bond offerings.

在进入私募股权投资领域前，Skee曾在德意志银行的投资银行部门专门从事国际性公司的上市、大宗交易、债券以及可转换债券发行的工作。

A corporation, for example, will sell bonds and at the same time deliver a deed of trust to a third person as security for the payment of the money due on the bonds.

一间公司，例如，将出售债券，同时提供一个契约的信任第三人作为保证支付的资金到期的债券。

Germany this week announced a ban on the naked short-selling of euro-area government bonds and shares of some financial firms, and on the buying of sovereign credit-default swaps by investors who have not also bought the underlying bonds.

德国这周颁布了一项禁令，严禁对欧元区政府债券以及一些金融公司股票进行无抵押沽空，并且禁止非优先抵押债券投资者购买政府信用违约掉期。

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。