A study on some legal issues of secondary bonds in china 次级债券在中国的若干法律问题
But no one is buying the sub - prime debt , so they have to sell what they can to meet redemptions 但是,没有人买入次级债券,所以,他们必须卖出债务来偿清贷款。
The government ' s recessive guarantee and the subordinated debt ' s market discipline to commercial banks risk - taking 政府隐性担保对商业银行次级债券的风险约束功能的弱化
Subsequently , china ' s two other large , publicly listed institutions , icbc and china construction bank , each disclosed subprime holdings above $ 1 billion 随后,中国另外两所上市银行,工行和建行公布分别持有超过10亿美元的次级债券。
To bring the subordinated debt ' s market discipline into full play , we must clear up the investors ' anticipation for the government ' s recessive guarantee 要充分发挥次级债券约束商业银行风险作用,就必须消除次级债券持有人对政府隐性担保的预期。