They include Banks and hedge funds that have acquired credit-default swaps (CDSS), the cornerstone of the market.

他们中包括购买了作为市场基石的信用违约互换(CDSs)的银行和对冲基金。

youdao

As defaults soar, it is one of the first big firms to have its restructuring complicated by holders of credit-default swaps (CDSs).

随着违约剧增，它是公司的重组被信用违约互换持有人搞复杂了的最初的公司之一。

youdao

Another way of looking at credit risk is by comparing the LIBOR spread with the premiums charged on Banks' credit-default swaps (CDSs), which measure the risk of default.

另一个观察信用风险的途径：比较伦敦同业拆借率较银行信用违约互换升水的情况，信用违约互换是衡量违约的工具。

youdao

That is because a default would trigger the bond-insurance contracts called credit-default swaps (CDSs).

ECONOMIST: Economic crisis

Second, if Greece unilaterally imposes losses, bondholders who have bought credit-default swaps (CDSs), a form of insurance against default, would get paid.

ECONOMIST: Greece��s debt-holders