無押債券 的英文怎麼說
中文拼音 [wúyāzhàiquàn]
無押債券
英文
debenture-
Danish mortgage bonds certainly seem appealing to investors
毫無疑問,丹麥的房產抵押貸款債券對投資者很有吸引力。Unsecured guaranteed bond
無抵押的保證債券It allows for hkmc - guaranteed issues, similar to transactions completed by ginnie mae and fannie mae in the u. s. ; it also caters for non - guaranteed issues such as pass - throughs and cmos to meet the needs of a different investor base
同時亦可發行無擔保債券,例如通遞式及抵押品按揭權責,以滿足投資者的不同需求。美林國際很榮幸能擔任這個計劃的安排人。Chapter three analyses the suitable pricing model of our country ' s mbs, and by studying secular trend and fluctuation of risk free interest rate and the term structure of interest rate of national debt, i propose an option model based on floating interest rate mbs which will be issued in our country. next, cash flow current value method is used to carry out the empirical test
第三章分析了適合我國住房抵押支持證券的定價模型,通過研究我國無風險利率長期趨勢值、波動性以及國債利率期限結構,提出我國發行浮動利率抵押支持證券的期權定價模型,並應用現金流現值定價法對我國發行固定利率住房抵押傳遞證券的定價進行實例分析。The notes constitute direct, unsecured, unconditional and general obligations of the hong kong government for the account of the exchange fund and will rank pari passu with all other unsecured indebtedness of the hong kong government for the account of, and payable from, the exchange fund from time to time outstanding
債券構成香港政府記入外匯基金帳目內的直接無抵押及無條件的一般負債,並會與香港政府記入外匯基金帳目並由外匯基金支償的所有其他未償還的無抵押負債享有同等地位。This paper, using the experience of the typical nation and region about housing mortgage securitization, joining together the realistic condition in our country, putting forward the strategy of developing housing mortgage securitization in our country now. the article is divided into four parts : part one : introduce the related theories about the housing mortgage securitization, including the content of housing mortgage securitization, the participants, concrete operation procedure, the financial tool, and point out the realistic meaning that our country promote. part two : analyze the background and the motive that world housing mortgage securitization, choose the typical model nation and region such as the united states, canada, hong kong to proceed the comparison, and get some experiences and apocalypses from it
文章分為四個部分:第一部分:首先對住房抵押貸款證券化的內涵、涉及的參與者、具體運作程序以及使用的金融工具等與住房抵押貸款證券化相關的理論進行了介紹,其中著重對抵押貸款傳遞證券、抵押貸款支持債券、抵押貸款轉付債券、抵押擔保證券等目前國外規模較大的四種住房抵押貸款證券進行了較詳細的介紹,然後指出我國目前推行住房抵押貸款證券化無論是從商業銀行和投資者等微觀主體的角度還是從住房產業和資本市場的發展等宏觀角度來看都具有非常重要的現實意義。The securities shall include, without limitation, any common stock and other equity securities, bonds, debentures and other debt securities, notes, mortgages or other obligations, and any instruments representing rights to receive, purchase or subscribe for the same, or representing any other rights or interests therein ( whether represented by a certificate or held in a depository or a sub - custodian )
應包括,但不限於任何普通股票及其它普通證券、公債、債券及其它的債務證券、票據、抵押或其它的義務,以及其它代表接受、購買或認購上述各項,或代表任何其它對以上各項所擁有的權利或利益的憑證(無論是表示為一張證明或存放于托放機構或分託管人處) 。No one seems bothered that 17 % of senior, unsecured junk - bond issues are on the lowest possible rung, compared with 2 % in 1990
無人在乎,目前有17 %的無抵押垃圾債券長期處于最低的評級, 1990年這個比例僅2 %At the end of 1999, the hkmc has successfully issued a total of $ 11. 4 billion of unsecured debts through its $ 20 billion note issuance programme ( nip ) and $ 20 billion debt issuance programme ( dip ), making it one of the most active issuers of hong kong dollar fixed rate securities
一九九九年年底,按揭證券公司透過本身的200億元債券發行計劃和200億元債務工具發行計劃,成功發行合共114億元無抵押債券,成為最活躍的港元定息債券發行人之一。The notes are hong kong dollar fixed income debt securities issued by the hkma and constitute direct, unsecured, unconditional and general obligations of the hong kong special administrative region government for the account of the exchange fund, which was established under the exchange fund ordinance
債券是金管局發行的港元定息債券,並構成香港特別行政區政府記入根據外匯基金條例設立的外匯基金帳目內的直接無抵押及無條件的一般負債。Subprime borrowers ? long shut out of home ownership ? now account for one in five new mortgages and 10 % of all mortgage debt, thanks to the expansion of mortgage - backed securities ( and derivatives based on them )
由於抵押貸款證券化產品(以及基於此種產品的衍生產品)的增多,那些長時間無法得到房屋所有權的次優貸款借款人佔到新貸款人數的五分之一,所有貸款債務中的10 % 。To prevent significant liquidity to be provided to licensed banks against paper not backed by foreign reserves, no new issues of paper other than exchange fund paper will be eligible for acceptance at the discount window
由於這些證券並無外匯儲備支持,為免持牌銀行能夠利用該等證券作為抵押品,以借取大量流動資金,貼現窗將不會接受外匯基金債券票據以外的新發行證券。分享友人