大家都搜：
优先债券；高级债券
1、underlying cause───n.潜在的深层次原因，根本原因
2、bonds───v.使…凝固；充当…的保证人；团结一致（bond的第三人称单数）；n.(Bonds)人名；(英)邦兹；n.镣铐；监禁；盟约（bond的复数）
3、underlying skin───底层皮肤
4、underlying condition───潜在状况；根本条件；潜在条件
5、underlying database───基本数据库；[计] 基本数据
6、underlying data───基础数据；源数据
7、underlying synonym───潜在同义词
8、underlying───adj.潜在的；根本的；在下面的；优先的；v.放在…的下面；为…的基础；优先于（underlie的ing形式）
9、underlying meaning───深层含义
1、do not actually own any of the underlying bonds.───实际上不拥有任何优先债券。
2、The asymmetry encourages speculating on the short side, which in turn exerts a downward pressure on the underlying bonds.───这种不对称助长了对卖空的投机，反过来对基础债券施以下行压力。
3、CDS contracts allow investors to take on credit risk without buying the underlying bonds.───CDS合同使投资人不用购买合同下的债券就能参与这类债券的风险。
4、One set of securities, known as an equity tranche, pays the highest returns but is the first to suffer if the underlying bonds default;───其中一套被称为“平等分额”可享受最高回报，但同时，如果优先债券欠债，这种债券也将首先遭受损失；
5、Do not actually own any of the underlying bonds.───实际上不拥有任何优先债券。
6、This asymmetry encourages speculating on the short side, which in turn exerts a downward pressure on the underlying bonds.───这种不对称性鼓励人们做空，这又成了对CDS中的债券的卖压。
1、This asymmetry encourages speculating on the short side, which in turn exerts a downward pressure on the underlying bonds.
2、CDS allow investors to take on credit risk without buying the underlying bonds.
3、do not actually own any of the underlying bonds.
4、What we must take away from this is that CDS are toxic instruments whose use ought to be strictly regulated: Only those who own the underlying bonds ought to be allowed to buy them.
5、The asymmetry encourages speculating on the short side, which in turn exerts a downward pressure on the underlying bonds.
6、CDS contracts allow investors to take on credit risk without buying the underlying bonds.
7、The European Commission has said it will examine the case for banning naked sovereign CDSs, in which buyers of protection on government debt do not actually own any of the underlying bonds.