7.3 货币互换
7.3 Currency Swaps
货币互换(或称交叉货币互换)是一种外汇协议,双方约定交换一定金额的一种货币与另一种货币,并在约定期限后归还最初互换的金额。货币互换的期限可协商,最长可达30年。与背对背贷款不同,根据美国会计准则,货币互换不被视为贷款,因此不会反映在公司的资产负债表上。
A currency swap (or cross currency swap) is a foreign exchange agreement between two parties to exchange a given amount of one currency for another and, after a specified period of time, to give back the original amounts swapped. Currency swaps can be negotiated for a variety of maturities of up to 30 years. Unlike a back-to-back loan, a currency swap is not considered to be a loan by United States accounting laws and thus it is not reflected on a company's balance sheet.
美国政府在当前的金融危机期间,通过美联储批准了向全球银行和金融机构提供可能高达数万亿美元的资金,并允许世界各地的中央银行在有需要时动用这一“非贷款、不计入美国资产负债表”的方式。
The US government, during the current financial crisis has via the Federal Reserve given the go ahead to providing possibly trillions of dollars to the world banks and financial entities by funding central banks around the world should they wish to call on this "non loan, off the US balance sheet" technique.
这将对美国的货币供应量和实际通货膨胀造成毁灭性的影响。
The impact on the US money supply and real inflation will be devastating.
解放党英国分部
Hizb ut-Tahrir Britain.
2009年3月。
March 2009.
伊历1430年赖比尔·阿瓦勒月。
Rabi` al-Awwal 1430.
http://www.hizb.org.uk.
http://www.hizb.org.uk.
http://www.financial-crisis.eu.
http://www.financial-crisis.eu.