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tolerant
exact
1 error
approximate
w/o phonetic transcr.
engl. phonetic transcr.
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2 results for Erstausfall
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German
English
Die
zweitrangige
Bürgschaft
auf
Zweitausfall
von
1,3
Mrd
.
EUR
wird
vorrangig
getilgt
,
gefolgt
von
der
Bürgschaft
auf
Erstausfall
von
700
Mio
.
EUR
.
Dementsprechend
müsste
ab
Ende
2008/Anfang
2009
das
Risiko
der
Inanspruchnahme
des
Staates
gegen
Null
gehen
;
im
alten
Finanzpaket
wäre
dies
erst
Ende
2011/Anfang
2012
der
Fall
gewesen
,
da
dort
die
Rückbürgschaft
des
Staates
nicht
vorrangig
getilgt
wurde
. [EU]
The
second-rank
guarantee
of
EUR
1,3
billion
will
be
amortised
on
a
priority
basis
,
and
the
first-rank
loss
guarantee
of
EUR
700
million
will
be
amortised
subsequently
.
Consequently
,
the
risk
of
the
state
being
called
upon
should
fall
to
zero
as
from
the
end
of
2008/beginning
of
2009
,
as
against
the
end
of
2011/beginning
of
2012
under
the
previous
mechanism
in
which
the
state's
counter-guarantee
did
not
enjoy
any
priority
amortisation
.
ERSTAUSFALL
-KREDITDERIVATE
(
FIRST-TO-DEFAULT
CREDIT
DERIVATIVES
) [EU]
FIRST-TO-DEFAULT
CREDIT
DERIVATIVES
The example sentences [G] were kindly provided by the
Goethe Institute
.
Sentences marked by [EU] derived from
DGT Multilingual Translation Memory
. The European Commission retains ownership of the copyright in the original data.
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