?第一档信货部分贷款
... 储备部分贷款 Reserve Tranche 第一档信货部分贷款 First Credit Tranche 高档信货部分贷款 Higher Credit Tranche ...
?熬头档信货部门贷款
... 储备部门贷款 Reserve Tranche 熬头档信货部门贷款 First Credit Tranche 高等信货部门贷款 Higher Credit Tranche ...
So, for instance, a risk-averse investor could choose to buy the tranche that exposes him to credit risk only after the first 10% of credit losses have been absorbed by other investors.
ECONOMIST: Credit derivatives
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