无优先权存款
But the existence of government's recessive guarantee makes the subordinated debt like the deposit that has a channel to shift away the risk and then belittles its market discipline on the commercial banks.
但政府隐性担保的存在使次级债券找到了一条类似银行存款一样的风险转嫁渠道,弱化了其风险约束功能。
Domestic banks are almost entirely deposit-funded; senior and subordinated bond issuance averages 1 per cent of total liabilities at the big six listed lenders.
国内银行几乎完全靠存款提供资金;在六大上市银行的总债务中,优先债券和次级债券平均仅占1%。
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