The price of credit default swaps(CDS), a form of insurance against companies defaulting on debt, went through the roof as investors took cover.: X8 m3 o- f! X4 o& B0 E0 A: W7 y: d
随着投资者寻求避险,信用违约互换(CDS)——一种规避企业债务违约的保险形式——价格暴涨。6 m. x" G+ z6 Y& i) M) |
Credit default swaps played a critical role in the bank's demise. # y9 B5 n0 ?' D- |; s! [* o 信用违约互换(CDS)在该银行的倒闭中也发挥了关键作用。