With these two bonds , we have successfully met our financing obligations through pre - funding 這兩次債券發(fā)行,令公司透過提早集資,成功應(yīng)付財務(wù)負(fù)擔(dān)。
By capturing favourable market conditions in 2001 , the corporation has achieved significant savings in funding costs through successful execution of its pre - funding strategy 按揭證券公司把握2001年內(nèi)有利的資本市場市況,采用預(yù)先集資策略,大大節(jié)省了融資成本。
He explained that in contrast to october last year , when people had to pay very penal interest rates to fund their short hong kong dollar positions , the hedge funds had pre - funded themselves during the currency attack in august 去年月投機(jī)者為了要取得資金來支持他們的港元短倉,他們要支付懲罰性的高息,然而月份的一輪貨幣狙擊行動中,對沖基金早已預(yù)備好所需港元。
Furthermore , the currency predators were well positioned to avoid the likely interest rate pain , by pre - funding themselves , and to benefit from the expected sharp slide in asset prices by running huge short positions in stock futures 此外,那些貨幣狙擊手一方面預(yù)先備妥資金,以免受利率攀升的影響,另一方面又在股票期貨市場積存大量空倉,好趁利率急升令資產(chǎn)價格大幅下滑圖利。
The corporation was able to achieve a substantial saving in funding cost by adopting a pre - funding strategy to capture market opportunities in the first half of 2000 to issue debts at sub - hibor levels after swapping the proceeds into floating rate obligations 按揭證券公司采取積極的預(yù)先集資策略,在年上半年把握有利的市場機(jī)會,以經(jīng)利率掉期后低于港元銀行同業(yè)拆息的息率發(fā)債,因而大大減低資金成本。