【文章內(nèi)容簡(jiǎn)介】 purchase of one option and a sale of another option in the same class and expiration but different strike prices. 27. Collateralized mortgage obligation The regulator’s plaint against the banking giant was larded with excerpts from internal JPMorgan munications that indicated bankers sold a collateralized mortgage obligation in 2007 to ensure that it could get creditscarred mortgage securities off its books. (Global Times/2011623)監(jiān)管機(jī)構(gòu)對(duì)這家銀行巨頭的投訴中，包含了摩根大通內(nèi)部溝通的部分內(nèi)容，這些內(nèi)容表明，銀行家在2007年出售了一項(xiàng)抵押貸款擔(dān)保證券，以確保其帳面上能夠獲得信用受損的抵押貸款證券。A collateralized mortgage obligation (CMO) is a type of plex debt security that repackages and directs the payments of principal and interest from a collateral pool to different types and maturities of securities, thereby meeting investor needs.28. The China Securities Regulatory Commission (CSRC)The China Securities Regulatory Commission Friday announced a pilot program to help leading tech firms having gone public abroad reissue shares in the mainland market via depositary receipts. (China Daily/ 20180403)中國(guó)證券監(jiān)督管理委員會(huì)(csrc)周五宣布了一項(xiàng)試點(diǎn)計(jì)劃，以幫助海外上市的領(lǐng)先的科技公司通過(guò)存托憑證在內(nèi)地市場(chǎng)重新發(fā)行股票。The China Securities Regulatory Commission (CSRC) is an institution of the State Council of the People39。s Republic of China (PRC), with ministrylevel rank. It is the main regulator of the securities industry in China.. 29. All the people who spoke to Reuters declined to be named due to the sensitivity of the issue. A spokesman for American Express said the pany had submitted an application for a payment clearing and settlement license in China. (Global Times/2017117)由于這個(gè)問(wèn)題的敏感性，所有接受路透社采訪的人都拒絕透露姓名。美國(guó)運(yùn)通的一位發(fā)言人說(shuō)，該公司已經(jīng)向中國(guó)提交了支付清算和結(jié)算許可的申請(qǐng)。30. Dual currency bond China Agricultural Bank is also selling dualcurrency bonds denominated in the yuan and the dollar in London. (Global Times/20151013)中國(guó)農(nóng)業(yè)銀行也在出售以人民幣和美元計(jì)價(jià)的雙幣種債券。A dual currency bond is a debt instrument in which the coupon and principal payments are made in two different currencies. 31. Discount rate The State Bank of Pakistan (SBP) has raised its key discount rate by 25 basis points to 6 percent, the first increase in four years. (Global Times/2018/1/27)巴基斯坦國(guó)家銀行(SBP)將其關(guān)鍵貼現(xiàn)率提高了25個(gè)基點(diǎn)，至6%，這是四年來(lái)的首次增長(zhǎng)。The discount rate is the interest rate charged to mercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank39。s lending facilitythe discount window.32. Carry trade If done in enough volume, this socalled carry trade would then push down the value of the affected currencies. (Global Times/2018/3/25)如果交易量足夠大，這種所謂的套利交易將會(huì)壓低受影響貨幣的價(jià)值。The carry trade is a strategy in which traders borrow a currency that has a low interest rate and use the funds to buy a different currency that is paying a higher interest rate. 33. Bookentry discount treasury bonds The Ministry of Finance said Friday it would issue two batches of shortterm bookentry discount treasury bonds next week. (Global Times/ 2010612)財(cái)政部周五表示，將于下周發(fā)行兩批短期帳面貼現(xiàn)國(guó)債。34. Coupon rate With a term of three years and coupon rate of percent, the yuandenominated bond issue attracted orders of as much as billion yuan, or more than six times the offer. (Global Times/ 2018/3/20)人民幣計(jì)價(jià)債券發(fā)行期限為3年，%，是該發(fā)行價(jià)格的六倍多。A coupon rate is the yield paid by a fixedine security。 a fixedine security39。s coupon rate is simply just the annual coupon payments paid by the issuer relative to the bond39。s face or par value. 35. Credit risk Local governments are encouraged to set up credit risk pensation funds to increase support for small and mediumsized enterprises and startups. (Global Times/ 2017728)鼓勵(lì)地方政府建立信用風(fēng)險(xiǎn)補(bǔ)償基金，加大對(duì)中小企業(yè)和創(chuàng)業(yè)企業(yè)的支持力度。A credit risk is the risk of default on a debt that may arise from a borrower failing to make required payments.36. Debenture As viewed from the fiveyear debenture bonds that are paratively important in the market, the interest spread has dropped from a peak of percentage points to around percentage points currently.(China Daily/ 20150723)從市場(chǎng)上相對(duì)重要的五年期無(wú)擔(dān)保債券來(lái)看。A debenture is a medium to longterm debt instrument used by large panies to borrow money, at a fixed rate of interest. 37. Coupon payment The Hong Kong branch of mainland brokerage firm Guosen Securities has defaulted on its dim sum bonds traded in the city, putting a coupon payment of 38 million yuan ($ million) at risk. (Global Times/ 2016331)中國(guó)內(nèi)地券商國(guó)信證券(Guosen Securities)的香港分行在其“點(diǎn)心”債券上違約，支付了3800萬(wàn)元(590萬(wàn)美元)的利息。A coupon payment on a bond is the annual interest payment that the bondholder receives from the bond39。s issue date until it matures.38. Company Limited Last year the Maldives Airport Company Limited (MACL) decided to hand over the development of the Seaplane Facilities at the Maldives Velana International Airport to BUCG. (Global Times/ 2018/2/14)去年，馬爾代夫機(jī)場(chǎng)有限公司(MACL)決定將馬爾代夫Velana國(guó)際機(jī)場(chǎng)水上飛機(jī)設(shè)施的開(kāi)發(fā)移交給BUCG。In a limited pany, the liability of members or subscribers of the pany is limited to what they have invested or guaranteed to the pany. Limited panies may be limited by shares or by guarantee. 39. Dead loan However, its dead loan reserve fund reached billion yuan, pared with billion yuan from a year earlier. (Global Times/ 20091021) 然而。Dead loan refers to the loan that is overdue (including 3 years) for collection and loan management, which is confirmed as bad account loss, not approved, and ready to be cancelled.40. CoCoContingent convertible bonds, or cocos, have been proposed as a solution to this problem. (China Daily/20111013)或有可轉(zhuǎn)換債券，或稱為“cocos”，已被提議作為解決這一問(wèn)題的方法。A contingent convertible bond (CoCo), also known as an enhanced capital note (ECN), is a fixedine instrument that is convertible into equity if a prespecified trigger event occurs.41. ExchequerbondsFollowing the debate, MPs approved a motion allowing theexchequerto raise funds to cover any costs resulting from the successful passage of the Sports Grounds Safety AuthorityBill,