一种短期投资,拥有特殊目的工具或渠道,渠道起着商业票据发行者的作用。这种商业票据由房屋、汽车、其它有形财产等实物资产担保。
... 无担保的票据资产 财经 unsecured paper assets 资产担保商业票据 ABCP 附担保贴现票据,附证券担保的票据 bill discounted with collateral securities ...
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不幸的是,最近的情况是,有些银行开始运作资产担保商业票据。
Unfortunately, what we've seen recently is a kind of a bank run on the asset-backed commercial paper.
信贷泡沫已经结束,这在一定程度上是由于买方不再理会资产担保商业票据。
The credit bubble is over, thanks partly to a buyers' strike for asset-backed commercial paper.
这里颇有些企业自救的意味,特别是对花旗而言,它比其他任何银行都更深地涉足于资产担保的商业票据市场(如图)。
There is a whiff of self-rescue about the enterprise, especially with regard to Citigroup, which is more exposed to the asset-backed commercial-paper market than any other bank (see chart).
Unfortunately, what we've seen recently is a kind of a bank run on the asset-backed commercial paper.
不幸的是,最近的情况是,有些银行开始运作资产担保商业票据
An SIV is a company of a sort that invests in assets and they issue something like asset-backed commercial paper, but it's not a real company because it only exists as an organization sponsored by some bank.
IV类似从事资产投资的公司,同时也发行类似资产担保商业票据的证券,但它不是一家真正的公司,因为它只是由某家银行建立的一个组织
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