junk bond

美 　英

• n.垃圾債券（利息高、風(fēng)險(xiǎn)大，常用于迅速集資進(jìn)行收購）
• 網(wǎng)絡(luò)立即債券；垃圾股；風(fēng)險(xiǎn)債券

詞形變化

復(fù)數(shù)：junk bonds  

英漢雙解

英漢解釋

na.	1. 不值錢的債券,垃圾債券

英英解釋

n.	1. a bond that pays a lot of interest but has a high level of risk

例句

Of dozens of new investment-grade and junk-bond issues that had been scheduled for the weeks after Labor Day, most have been sidetracked.

在擬定于9月份勞工節(jié)之后幾周進(jìn)行的數(shù)十樁新的投資級和垃圾債券發(fā)行中，大部分都已經(jīng)被擱置了。

Just one junk-bond issue has made it out since September, a $750 million issue for MGM Mirage.

自9月份以來，只有一只垃圾債券得以發(fā)行，即美高梅金殿夢幻（MGMMirage）發(fā)行的7.5億美元債券。

The deal environment is still trickier than in America, where the junk-bond market has roared back and deal prices tend to be lower.

隨著垃圾債券市場喧囂回歸，成交價(jià)普遍偏低，歐洲的投資環(huán)境也較美國更難處理。

A boom in junk-bond issuance leaves companies with large pools of cash. It takes them a few years to drain these pools and get into trouble.

垃圾債券發(fā)行的興盛使企業(yè)陷入巨大的現(xiàn)金池深淵，這需要他們花費(fèi)很多年才能抽干現(xiàn)金池，企業(yè)因此而陷入困境。

Even the junk-bond market began to function.

甚至垃圾債券市場也開始工作了。

although there was some issuance of lesser-quality, unrated commercial paper prior to the junk bond market collapse late in 1989.

雖然在一九八九年垃圾債券商場大崩潰前也有一些信用較差的債券發(fā)行，…

Although they have wobbled a bit lately, junk-bond prices have recovered sharply in the past few months.

雖然違約率最近不穩(wěn)定，但是過去幾個月垃圾債券的價(jià)格急速上升。

At worst, Moody's says, the vast majority of tranches insuch CDOs would be downgraded to junk-bond status.

Moody’s稱，在最差的情況下，那些抵押債權(quán)各種主流的資金層將被降級到垃圾債券的狀況。

The reopening of the junk-bond market has also afforded medium-sized firms access to credit again.

垃圾債券市場的重新開放再次給中型企業(yè)的貸款提供了機(jī)會。

Since late November, however, even junk-bond yields have been falling.

然而，自11月下旬以來，即使垃圾債券收益率也一直在下降。

Moody's, a rating agency, expects the junk-bond default rate, now 2. 7%, will rise to 7. 4% a year from now.

評級機(jī)構(gòu)穆迪預(yù)計(jì)，一年后垃圾債券的違約率會由現(xiàn)在的2.7%上升到7.

Like all other credit, the junk-bond market was badly damaged during the recession.

和其他貸款一樣，在經(jīng)濟(jì)不景氣時，垃圾債券市場也遭受重創(chuàng)。

But without the limitless pots of cash that the now shrunken junk-bond market once provided.

但是已經(jīng)萎縮的垃圾債券市場，不能再像以前一樣無限制地提供現(xiàn)金。

The corporate raiding frenzy subsided in the 1990s after Drexel's demise was followed by heavy losses for junk bond investors generally.

德崇證券倒閉后，許多垃圾債券投資人遭受重大損失，收購公司的瘋狂浪潮在90年代減退。

Once a country is in the "junk bond" category, no reputation is left.

一個國家的國債一旦被評為“垃圾債券”，該國就沒什么名譽(yù)可言了。

Junk bond spreads are now exactly where they were at the height of optimism in April 2010.

垃圾債券目前的息差與2010年4月最樂觀時期的水平一模一樣。

It was forced to swap $3. 3bn of debt for equity to maintain CNH's credit rating, even as Fiat fell to junk bond status.

公司被迫將33億美元債務(wù)轉(zhuǎn)成股權(quán)，以維持CNH的信用評級，盡管菲亞特自己的債券評級已跌至垃圾級。

Like after the junk bond bubble of the 1980s, lawsuits may hit Wall Street for years to come.

就像上世紀(jì)80年代垃圾債券泡沫之后的情形一樣，未來幾年，華爾街將遭遇一系列訴訟。

No one seems bothered that 17% of senior, unsecured junk-bond issues are on the lowest possible rung, compared with 2% in 1990.

似乎無人在乎，目前有17%的無抵押垃圾債券長期處于最低的評級，1990年這個比例僅2%。

More recently, there have also been some flows into junk bond funds.

最近，還有一些資金流入了垃圾級債券基金。

The red-hot junk bond market is also attracting heavy investor interest.

熱的發(fā)燙的垃圾債券市場也吸引到巨額投資者的興趣。

GM debt, once considered the highest investment grade, has tumbled to low-rated, junk-bond status.

曾被認(rèn)為是最高投資級別的通用汽車債券已經(jīng)降到了垃圾級。

It wasn't just junk-bond investors - banks drank the Kool-Aid too.

這不僅僅關(guān)乎那些垃圾債券的投資者，銀行也有份。

Junk Bond A bond that is rated by a ratings agency as being below investment grade and investment in the bond is high risk.

垃圾債券被信用級別評定機(jī)構(gòu)評定為低于投資級別的投資風(fēng)險(xiǎn)高的債券。

A typical junk-bond deal that is unsecured, or not backed by collateral, can run 60 pages.

典型的垃圾債券交易通常無擔(dān)保，即沒有擔(dān)保品的支持，發(fā)行文件可能高達(dá)60頁。

In 2007 junk-bond issuers made up most of the market for the first time.

到2007年，垃圾債券發(fā)行人首次占了大部分的市場份額。

In the late 1980s, he helped run junk-bond trading at Goldman Sachs.

泰珀在上世紀(jì)80年代末期幫助高盛（GoldmanSachs）從事垃圾債券交易。

Who get's to buy $5 billion in Goldman Sach's preferreds with a junk bond yield?

誰能以垃圾債券的收益率購入50億美元的高盛優(yōu)先股？

The average yield on a junk bond is more than 20% now, according to Merrill Lynch.

據(jù)美林（MerrillLynch）的數(shù)據(jù)顯示，垃圾債券的平均收益率如今超過了20%。

The average junk bond now yields 20%, compared with 9% at the start of 2008.

垃圾債券現(xiàn)在的平均收益率20%，而2008年年初只有9%。

It rivals the junk bond crisis of 1989-90, the most severe of the industry downturns in the past 20 years.

它堪比1989年至1990年的垃圾債危機(jī)，后者是過去20年來金融行業(yè)最為嚴(yán)重的衰退。

In July, junk bond returns were 3. 4 per cent, according to BofA Merill Lynch indices.

根據(jù)美銀美林（BofAMerillLynch）相關(guān)指數(shù)，7月份垃圾債券的收益率為3.

Junk-bond default rates, which ran at just 3. 4% in the past 12 months, are certain to spike in 2009.

垃圾債券的壞賬比率，在過去的12個月里僅有3.4%，肯定會在2009年飆升。

Junk bond trader trying to sell a sucker a stock

垃圾公司的商人試著賣出一根吸管一股票

But the buyouts have been fueled by financing from a junk-bond market that was severely weakened last month

但是供給購并資金的垃圾債券市場在上個月受到重創(chuàng)，