Regulators also want to see cashsettlement, rather than physical delivery of bonds, built into standard documentation.
比起实际的债券交易市场调整者更喜欢看到建立在标准文档里的现金结算。
2
The auctions will involve "cashsettlement", rather than a physical exchange of the underlying bonds, which is needed because the value of swaps far exceeds the face value of those bonds.
拍卖将包含“现金结算”而非优先债券的实物交易。他因互换价值远超过这些债券的账面价值而存在。
3
AAR wants to be bought out from TNK-BP but demands a stake in bp-not just cash-as part of the settlement.