A eurobond is a debt instrument backed by the entire euro zone.

欧洲债券是一个由整个欧元区支持的债务文件。

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An ancient debt instrument may help America after Fannie and Freddie.

房利美和房地美之后，古老的债务证券或许能够帮助美国。

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It also means creating a debt instrument that investors can believe in.

这也意味着创造一项投资者能够信赖的债务工具。

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The shortest term debt instrument in the United States is the Federal Funds Rate, which is an overnight rate--one day maturity-- and the longest issued by the Government is a thirty-year government bond, which will be repaid three decades in the future.

美国最短期的债券,是联邦基金利率,隔夜拆兑,一天到期,而时间最长的国债,是一种三十年期的政府债券,未来三十年才兑现

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It also means creating a debt instrument that investors can believe in.

ECONOMIST: The euro zone: Is this really the end? | The

One would allow a debt deduction only for a market rate of return, say the first 11% or 12%, on a debt instrument.

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Remember: A convertible's price is based on its yield as a debt instrument as well as on its value as a stock in waiting.

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