Èrlínglíngbā nián jīnróng wēijī bàolù le xìndài wéiyuē diàoqī shìchǎng de fēngxiǎn.
The 2008 financial crisis exposed the risks of the credit default swap market.
Tips
usage
Mainland financial press more commonly uses 信用违约互换 for the same instrument; 信贷违约掉期 is the term Hong Kong and Taiwan finance writing tends to prefer. Both translate the English term piece by piece.
