Most of the safety was parked in short-term paper.

大多数安全在短期纸停放了。

youdao

When lenders last year refused to refinance the short-term paper that funded the vehicles, Banks had to take the assets onto their balance sheets, straining their capital ratios.

去年，当贷方拒绝为支撑这些工具的短期票据再融资时，银行不得不把这些资产记入资产负债表，从而改变他们的资本比率。

youdao

The biggest Banks each have hundreds of billions of dollars of such debt, including overnight loans from other Banks, short-term paper sold to money-market funds and bonds held by pension funds.

多数巨型银行都有着数千亿美元的债务，包括：来自其他银行的隔夜贷款、出售给货币市场基金及债券(由退休基金持有)的短期票券。

youdao

The company was able to raise short-term paper at very low interest rates, which lowered its overall cost of borrowing.

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Or to buy short-term paper issued by off-the-balance-sheet financial units of major banks that were not transparent to the investment community.

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What if you sell and reinvest in short-term paper yielding only 2%?

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