Higher interest rates tend to affect bonds adversely because prices on existing debt falls as yields rise, and a stronger growth environment tends to favour even riskier investments such as equities.
Another is to give supervisors discretionary powers to convert a portion of the bank「s existing debt into equity, something known as a 「bail-in」.
另外一种方式就是赋予监管者任意权限,将银行的现存债务转换成权益,通常我们称之「内部援救」。
This would do nothing to allay the fears of investors about existing debt and the Banks that hold it.
这不能缓解投资者和银行对现存债务的担忧。
Since interest rates only matter if you have existing debt that you」re trying to consolidate, you have total freedom to find a card that works for your situation.
因为利率只在你想要巩固未清偿的债务时才起作用,你有完全的自由来找一种卡片为你的情况服务。
They needed functioning financial markets not just to raise capital but also to roll over the existing debt that provided current capital.
它们需要的金融市场不仅要有融资的功能,而且还能够使提供现有流动资金的债务滚动。
But the real size of existing debt increases.
但现有债务的实际规模却会增长。
Several bought back large amounts of outstanding debt and refinanced existing debt by issuing longer maturities on more favorable terms.
一些国家回购了大量未偿债务,而通过发行偿还期更长条件条件更优惠的债券来对现有债务进行再融资。
In any given period the debt stock grows by the existing debt stock (d) multiplied by r-g, less the primary budget balance (p).