The Greek bond markets plunged yesterday amid growing worries among investors that the country will need to restructure its debts in spite of a proposed €45bn ($60bn) assistance package from the international community.

　　希臘債市昨日大幅跳水。盡管國(guó)際社會(huì)計(jì)劃向其提供450億歐元（合600億美元）的一攬子援助，但投資者日益擔(dān)憂該國(guó)將需要重組債務(wù)。

　　Greek two-year bond yields, which have an inverse relationship with price, rose 3 percentage points – the biggest one-day jump since the country joined the euro nine years ago – to close at 13.14 per cent.

　　希臘兩年期債券收益率上揚(yáng)3個(gè)百分點(diǎn)，收于13.14%，創(chuàng)下自該國(guó)九年前加入歐元區(qū)以來最大單日漲幅。債券收益率與價(jià)格走勢(shì)相反。

　　This is the highest yield on short-dated debt in the world, according to US bank, Brown Brothers Harriman.

　　據(jù)美國(guó)布朗兄弟哈里曼銀行(Brown Brothers Harriman)表示，這是全球短期債券的最高收益率。

　　It is even higher than those of Argentina, 8.8 per cent, and Venezuela, 11 per cent, two countries shunned by many international investors because of the mismanagement of their economies.

　　它甚至高于阿根廷的8.8%與委內(nèi)瑞拉的11%。由于這兩個(gè)國(guó)家對(duì)經(jīng)濟(jì)管理不善，許多國(guó)際投資者對(duì)其避而遠(yuǎn)之。

　　Investors said that the Greek bond market was now in effect pricing in a government default as two-year bond yields were trading more than 12 percentage points higher than German bunds, Europe's benchmark market.

　　投資者表示，希臘債市現(xiàn)在實(shí)際上是在計(jì)入政府違約的情況，該國(guó)兩年期債券收益率比歐洲基準(zhǔn)——德國(guó)國(guó)債的收益率高出了12個(gè)百分點(diǎn)。

　　The Greek stock market fell nearly 3 per cent and the euro eased against the dollar.

　　希臘股市昨日下跌近3%，歐元兌美元匯率下降。

　　Gary Jenkins, head of fixed income research at Evolution, said: “The market is pricing in a Greek default, if not in the short term then in the medium term.”

　　Evolution固定收益研究主管加里•詹金斯(Gary Jenkins)表示：“市場(chǎng)正從定價(jià)上預(yù)測(cè)希臘將會(huì)違約，不是短期就是中期。”

　　Nigel Rendell, senior strategist at RBC Capital Markets, added: “Greece is now trading like the weakest emerging markets.”

　　加拿大皇家銀行資本市場(chǎng)(RBC Capital Markets)高級(jí)策略師奈吉爾•蘭德爾(Nigel Rendell)表示：“從交易狀況看，希臘現(xiàn)在就像是最弱的新興市場(chǎng)。”

　　Dominique Strauss-Kahn, managing director of the International Monetary Fund, and Jean-Claude Trichet, president of the European Central Bank, have been asked to brief members of the German parliament tomorrow on details of the rescue package for the debt-strapped Greek economy, in order to win their approval for any possible loan to Greece.

　　國(guó)際貨幣基金組織(IMF)總裁多米尼克•斯特勞斯-卡恩(Dominique Strauss-Kahn)與歐洲央行(ECB)行長(zhǎng)讓-克洛德•特里謝(Jean-Claude Trichet)，已被要求明日向德國(guó)議會(huì)議員說明對(duì)深陷債務(wù)的希臘經(jīng)濟(jì)進(jìn)行援助的細(xì)節(jié)，以爭(zhēng)取他們批準(zhǔn)向希臘發(fā)放任何可能的貸款。

　　Angela Merkel, the German chancellor, also sought to reassure both German voters and the international financial markets that her government will defend the stability of the euro at all costs, while insisting on tough conditions for a multi- billion euro loan to Greece.

　　德國(guó)總理安格拉·默克爾(Angela Merkel)也試圖讓德國(guó)選民與國(guó)際金融市場(chǎng)都相信，她的政府將不惜一切代價(jià)捍衛(wèi)歐元的穩(wěn)定，但她同時(shí)堅(jiān)稱，希臘需接受嚴(yán)格的條件，才能獲得巨額歐元貸款。