公司债券

Nathan Mayer Rothschild started his London business, N. M. Rothschild and Sons in 1811 at New Court in St Swithin's Lane, City of London, where it still trades today. In 1818, he arranged a 5 million loan to the Prussian government, and the issuing of bonds for government loans formed a mainstay of his bank's business.

内森·梅耶·罗斯柴尔德(老梅耶·罗斯柴尔德之子，译者注)1811年在伦敦的圣瑞辛巷新场设立了N·M·罗斯柴尔德父子公司，由此开始了他在伦敦的生意，这家公司至今仍在营业。1818年，他为普鲁士政府提供了五百万英镑的贷款，政府贷款债券的发行成为了其银行业务的支柱。

The causes are unreasonable ownership structure effects on corporate in completely changing system, too much attention paid to planned management rather than market mechanism, the unreasonably divided securities, shortage of the corporate seceding system, imperfect rules and immature market subject.

产生这些问题的根源是：公司股权结构不合理使其改制不彻底；政府在股票和企业债券发行制度、证券市场分割、上市公司退出制度等方面重行政手段管理、轻市场优化机制作用；直接融资市场规则不完善、市场主体不成熟。

Yangtze Power such as cash flow stability, strong corporate assets, the company told the government bond debt the same.

像长江电力这样现金流稳定、资产雄厚的公司，它的公司债就跟政府债券无异。

Y To borrow or raise or secure the payment of money in such manner as the Company may think fit without limit as to amount and in particular but without limiting the foregoing to issue debentures or debenture stock , and to secure the repayment of any money borrowed, raised or owing by mortgage, charge or lien upon all or any of the property or assets of the Company both present and future including its uncalled capital and also by similar mortgage, charge or lien to secure , and guarantee the performance by the Company or any other person or company of any obligation undertaken by the Company or any other person or company as the case may be

y 以视为适宜的方式和按适宜的条款，以及以适当方式和具体用本公司目前、将来的全部或部分承诺、财产、资产、权利以及未收资金，以按揭、抵押、发放债券或借款股份或任何类型的证券的方式，举债或借债并担保本公司的资金支付以及资金偿还等债务或义务

American private equity company Kohlberg Kravis Roberts hope to raise over 10 billion dollars in bonds. This was part of a deal to buy Alining Schools Alliance Boots , a European company that sells medicines.

美国私人资产管理公司 Kohlberg Kravis Roberts 希望筹集一笔100亿美元以上的债券，这是欧洲医药销售公司 Alliance Boots 收购业务的一部分。

Bank of China International Institute of the newspaper did not come from any company or management information, on the basis that in December this year, the company issued debentures will enter a detachable power lines, will greatly increase the cost of integration.

在中国国际研究所报纸银行没有来自任何公司或管理信息，理由是在今年12月，该公司发行债券将进入一个可拆卸的电源线，将大大增加整合的成本。

A series of new debt products enabled even the leakiest corporate balance-sheet structures to stay afloat—for a while. In the 1980s junk bonds opened up credit markets for lower profile firms.

一系列新的债务产品使得即便是漏洞百出的公司资产负债表体系也得以短时正常运营。80年代，低信用等级的公司发行的垃圾债券在证券市场大行其道。

It may look that way now with the sizable number of major financial companies that have taken huge write downs in their mortgage-backed and other assets, while top executives of some of these companies have only had modest declines in their pay (although others, such as the head of Bears Sterns, have taken huge hits).

现在情况貌似是这样的，相当数量的大金融公司在遭受抵押债券及其它资产贬值的巨大损失时，它们中一些公司的高管的薪水只是稍微的降低了一些而已（当然也有例外，比如贝尔斯登的头就遭受了更大打击）。

Other options to consider include tax changes that reduce the cost of holding capital by insurers and reinsurers, and facilitating the use of catastrophe bonds.

其 它值得考虑的方法包括改变税制——使得保险公司和再保险公司持有资金的成本降低，以及提高灾难债券的利用效果。

Other options to consider include tax changes that reduce the cost of holding capital by insurers and reinsurers, lv handbags , and facilitating the use of catastrophe bonds.

其它值得考虑的方法包括改变税制——使得保险公司和再保险公司持有资金的成本降低，以及提高灾难债券的利用效果。

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。