长期债券

The market for buying and selling long-term loanable funds, in the form of bonds, mortgages and the like.

买卖长期可贷款资金的市场。长期可贷款资金的形式包括债券、抵押债券和类似的票据。

Capital market The market for buying and selling long-term loanable funds, in the form of bonds, mortgages and the like.

资本市场买卖长期可贷款资金的市场。长期可贷款资金的形式包括债券、抵押债券和类似的票证。

Capital loss 资本损失 capital market The market for buying and selling long-term loanable funds, in the form of bonds, mortgages and the like.

资本市场买卖长期可贷款资金的市场。长期可贷款资金的形式包括债券，抵押债券和类似的票证。

If, during this period, a high-grade, noncallable, long-term bond with a 12 percent coupon had existed, it would have sold far above par.

如果在这一时期，一个高等级，无法回购的年息12%的长期债券存在的话，也会卖的远远超过票面价值的。

If, during this period, a high-grade, noncallable, long-termbond with a 12 percent coupon had existed, it would have sold farabove par.

如果在这一时期，一个高等级，无法回购的年息12%的长期债券存在的话，也会卖的远远超过票面价值的。

Within our fixed income portfolios, we continue to see the outlook for US$ longer-dated bonds as unexciting.

定息投资组合方面，我们持续认为美元长期债券的前景并不吸引。

As Wall Streeter Ray DeVoe says:"Fools rush in where angels fear to trade." We will engage in arbitrage from time to time - sometimes on a large scale - but only when we like the odds. o Leaving aside the three convertible preferreds discussed in the next section, we substantially reduced our holdings in both medium- and long-term fixed-income securities.

除了后面会提到的三项可转换特别股投资之外，我们大幅减少在中长期的固定收益债券部位，尤其是长期部份，大概就只剩下华盛顿公用电力系统债券，去年我们处分了部份当初以相当低折价买进的低收益债券，处分价格与一般信用评等佳的债券差不多，是 www.buffettism.com 巴菲特研究中心

Long-term US Treasury securities with maturities of ten years or more.

指美国财政部发行的期限为10年或10年以上的长期债券。

Bian Xiaoning said that as China's bond market liquidity and the lack of bond funds at all times to face large redemption pressure, leading to numerous open-end bond funds can not invest in some of the higher rate of return but not mobility Good products can not be obvious from the continued market pricing errors and underestimation of the product to make a profit, will not be able to carry out long-term use of leverage to enlarge the operation in order to increase the income of the Fund.

卞小宁说，作为中国债券市场流动性和资金短缺的债券在任何时候都面临着巨大的赎回压力，导致众多开放式债券基金不能投资于回报率较高，但有些没有流动性好的产品，从市场价格的持续错误和产品不能低估明显赚取利润，将无法进行长期长期使用的杠杆作用，扩大经营，以增加基金的收入。

Fiscal policy will be tightened further, now that pump priming is not needed to maintain economic growth. The issuance of long-term government bonds was limited to CNY110 billion in 2004, a reduction from the budgeted amount of CNY130 billion, partly so that there would be less available for capital construction.

由于保持经济增长不必是主要的动力，财政政策将进一步紧缩。2004年，政府发行的长期债券被限制在1，100亿元，低于编入预算的1，300亿元，部分原因是为了减少用于基本建设的投资。

Breath, muscle contraction of the buttocks; arch body, as far as possible to hold his head, right leg straight towards the ceiling (peg-leg knee in order to avoid muscle tension).

呼气，收缩臀部肌肉；拱起身体，尽量抬起头来，右腿伸直朝向天花板（膝微屈，以避免肌肉紧张）。

The cost of moving grain food products was unchanged from May, but year over year are up 8%.

粮食产品的运输费用与5月份相比没有变化，但却比去年同期高8％。