Notes

　　1.The Euromarkets are international money and capital markets, they are concerned with Eurocurrencies, that is, currencies traded in Europe (and elsewhere) outside their home countries. 歐洲市場(chǎng)是國(guó)際貨幣與資本市場(chǎng),從事與歐洲貨幣有關(guān)的業(yè)務(wù)，歐洲貨幣即在貨幣發(fā)行國(guó)境外的歐洲（及其他地方）進(jìn)行交易的貨幣。

　　(1)the Euromarkets歐洲市場(chǎng)

　　Euromarket n.the money market in Eurocurrency or Eurobonds歐洲市場(chǎng)：歐洲貨幣和歐洲債券的市場(chǎng)

　　(2)Eurocurrency n.funds deposited in a bank when those funds are denominated in a currency differing from the bank‘s own domestic currency歐洲貨幣：存儲(chǔ)在某一銀行的資金，這種資金被命名為與銀行所在國(guó)發(fā)行貨幣名稱不同的貨幣名稱。

　　(3)money market:the trade in short-term, low-risk securities, such as certificates of deposit and U.S. Treasury notes貨幣市場(chǎng)，即短期資金市場(chǎng)：一種短期、低風(fēng)險(xiǎn)的證券經(jīng)營(yíng)買賣市場(chǎng)，如銀行存單和美國(guó)短期公債

　　2.When the London banks, during the sterling crisis of 1957, were prohibited from using sterling funds to finance non-British trade, they offered high interest rates to attract dollar deposits from both non-American and American holders of dollars. 1957年英國(guó)發(fā)生英鎊危機(jī)，倫敦的銀行被禁止用英鎊去為非英鎊區(qū)國(guó)家的貿(mào)易提供融資；它們提高利率，從非美國(guó)人和美國(guó)人手中吸收美元存款。

　　(1)sterling crisis英鎊危機(jī)

　　(2)non adv.非, 不

　　3.The chief participants in the Euromarkets are the London banks, the overseas branches of American banks and commercial banks on the Continent and in other parts of the world.歐洲貨幣市場(chǎng)的主要參與者是倫敦的銀行，美國(guó)銀行在海外的分支行，以及歐洲大陸和世界其他各地的商業(yè)銀行。

　　(1)the Continent:the mainland of Europe.歐洲大陸

　　4.Eurocurrency loans involve large sums of money，they may be short-term, medium-term or long-term. Long-term Eurocurrency funds can also be raised by an issue of Eurobonds on the Eurobond market.歐洲貨幣貸款金額大，有短期、中期或長(zhǎng)期。長(zhǎng)期歐洲貨幣資金也可通過在歐洲債券市場(chǎng)發(fā)行歐洲債券來籌集。

　　(1)Eurobond n.a bond of a U.S. corporation issued in Europe歐洲債券：美國(guó)公司在歐洲發(fā)行出售的債券