GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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04:55 Oct 18, 2001 |
Dutch to English translations [PRO] Bus/Financial | |||||||
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| Selected response from: Thijs van Dorssen Local time: 10:21 | ||||||
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Summary of answers provided | ||||
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5 | expanding (increasing) credit spreads |
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4 | widening credit spreads |
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expanding (increasing) credit spreads Explanation: Spreads are usualy the difference between the central bank lending rate and the interest rate on an obligation or loan. "Uitlopend" here refers to an increase in the sdifference between these two rates. Kramer's Business English |
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widening credit spreads Explanation: The convertible appreciations (???) came under pressure because of widening credit spreads. It is the rest of the sentence that bothers me. Are you sure this is the correct sentence you want to translate? This sounds as if it is an 'english into dutch' translation. The original could have been something like: The quotations of the convertibles (de prijzen der converteerbare obligaties) came under pressure (came to a halt) by widening credit spreads. Which is a normal thing to happen in the bond markets. Widening credit spreads: The difference between bid & ask is widening. Het verschil tussen "vraag" en "aanbod" of tussen de "korte" en de "lange" rente vergroot zich. Hiermee bedoelt men het verschil tussen de looptijden van de obligatie. Dit gebeurt bijvoorbeeld als de markt voor een bepaalde rentevoet onrustig is. Appreciation = hier stijging van de koers Regards 1 1/2 decade of Merrill Lynch and Prudential Bache |
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