锟斤拷全锟斤拷锟斤拷锟轿ｏ拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟睫碉拷锟斤拷锟斤拷要锟斤拷锟斤拷锟斤拷锟斤拷一锟斤拷锟斤拷锟斤拷锟铰碉拷锟斤拷锟斤拷锟斤拷锟接剧。锟斤拷一状锟斤拷锟斤拷锟斤拷锟斤拷映锟斤拷锟解部危锟斤拷影锟届，锟斤拷锟斤拷锟桔合凤拷映锟剿革拷锟斤拷锟斤拷锟矫匡拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟皆硷拷锟斤拷锟矫癸拷锟斤拷锟脚讹拷锟斤拷锟斤拷谐锟斤拷母锟皆わ拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟街撅拷目前锟矫碉拷锟斤拷锟斤拷要锟斤拷锟揭伙拷锟绞变动锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷拼锟绞╋拷於?锟斤拷锟斤拷锟斤拷约锟斤拷锟斤拷锟斤拷锟酵讹拷始锟斤拷锟斤拷锟斤拷锟斤拷薰锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷涠?锟斤拷锟斤拷锟揭?锟斤拷锟杰★拷

    一锟斤拷锟斤拷要锟斤拷锟斤拷锟斤拷锟睫癸拷锟揭伙拷锟绞变动锟斤拷锟?
    为锟斤拷映锟斤拷锟斤拷锟斤拷锟狡ｏ拷锟斤拷2008 锟斤拷1 锟斤拷31 锟秸猴拷2008 锟斤拷10 锟斤拷30 锟秸伙拷锟绞硷拷锟姐，锟斤拷委锟斤拷锟斤拷锟斤拷锟解，锟斤拷锟斤拷锟斤拷锟揭讹拷锟斤拷元锟斤拷锟叫较达拷锟斤拷缺锟街碉拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷妆锟斤拷恰锟侥?锟斤拷锟斤拷锟斤拷为突锟斤拷锟斤拷锟接革拷锟斤拷锟斤拷锟斤拷锟斤拷末锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷10 锟铰份后，帮拷锟斤拷锟斤拷锟角讹拷锟斤拷Real锟斤拷锟斤拷锟斤拷锟阶憋拷锟角憋拷锟斤拷锟斤拷Colombian Peso锟斤拷锟斤拷值锟劫讹拷锟斤拷锟斤拷锟铰斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷Chilean Peso锟斤拷锟斤拷墨锟斤拷锟斤拷锟斤拷锟斤拷锟?MexicanPeso锟斤拷锟皆呈硷拷锟劫憋拷值锟斤拷锟狡★拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟?uruguay Peso锟斤拷锟斤拷锟斤拷锟斤拷廷锟斤拷锟斤拷锟斤拷Argentine Peso锟斤拷锟斤拷值锟斤拷锟斤拷锟斤拷10%锟斤拷锟揭★拷锟斤拷锟节ｏ拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟街碉拷俣锟斤拷锟斤拷锟斤拷锟斤拷停锟斤拷锟斤拷锟斤拷锟酵?锟斤拷锟斤拷锟斤拷始锟斤拷俦锟街碉拷锟斤拷啤锟斤拷锟铰筹拷锟斤拷锟斤拷锟?Peru Sol锟斤拷锟斤拷然锟斤拷值锟斤拷锟饺诧拷锟襟，碉拷10 锟铰份猴拷始锟斤拷俦锟街碉拷锟斤拷啤锟?

    委锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟竭讹拷锟斤拷Venezuela Bolivar锟斤拷锟斤拷石锟酵筹拷锟节和斤拷为锟较革拷锟斤拷锟斤拷锟斤拷锟接帮拷欤?锟斤拷锟揭憋拷值锟劫讹拷锟斤拷锟斤拷锟斤拷锟接憋拷值锟斤拷锟饺和伙拷锟饺憋拷值锟劫讹拷锟斤拷锟斤拷锟斤拷未锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷墨锟斤拷锟斤拷桶锟斤拷锟酵?锟斤拷台锟斤拷锟绞革拷预锟斤拷施锟侥匡拷锟斤拷锟皆较达拷
    
    锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷要锟斤拷锟斤拷锟斤拷锟睫癸拷锟斤拷锟斤拷锟斤拷锟斤拷锟届动锟斤拷锟?
    锟斤拷锟斤拷锟斤拷锟轿达拷危锟斤拷锟斤拷锟捷憋拷为全锟斤拷锟斤拷锟轿ｏ拷锟斤拷锟斤拷锟斤拷锟侥?锟斤拷锟界、锟斤拷锟斤拷锟斤拷锟斤拷锟铰筹拷锟饺晃?锟斤拷锟斤拷铱锟斤拷锟斤拷啥一锟斤拷锟斤拷撸锟斤拷锟斤拷锟酵?锟斤拷锟斤拷锟斤拷也没锟叫筹拷台锟斤拷为锟斤拷锟斤拷锟侥癸拷锟狡达拷施锟斤拷锟斤拷锟节ｏ拷锟斤拷锟斤拷锟斤拷委锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟缴ｏ拷锟斤拷锟阶憋拷锟斤拷锟斤拷锟饺★拷锟斤拷碌锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟狡达拷施锟斤拷

    锟斤拷一锟斤拷锟斤拷锟斤拷
    2008 锟斤拷3 锟斤拷锟斤拷旬锟斤拷为锟剿斤拷锟酵帮拷锟斤拷锟斤拷锟斤拷锟斤拷锟角讹拷锟斤拷值锟皆筹拷锟节的诧拷锟斤拷影锟届，锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷投锟斤拷锟节固讹拷锟斤拷锟斤拷证券锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷1.5%锟斤拷税锟斤拷同时锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷诤锟斤拷锟斤拷嘶锟斤拷锟斤拷锟斤拷锟饺?锟斤拷锟斤拷锟斤拷锟斤拷锟诫。锟斤拷锟节伙拷锟斤拷锟街癸拷锟斤拷锟斤拷锟姐。

    锟斤拷锟斤拷锟斤拷委锟斤拷锟斤拷锟斤拷
    2008 锟斤拷9 锟铰ｏ拷委锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷愎┯?锟斤拷锟斤拷每锟铰碉拷锟斤拷锟揭伙拷锟睫讹拷锟斤拷20 锟斤拷锟斤拷元锟斤拷锟斤拷锟竭碉拷44 锟斤拷锟斤拷元锟斤拷

    锟斤拷锟斤拷锟斤拷锟斤拷锟阶憋拷锟斤拷
    2007 锟斤拷11 锟铰ｏ拷锟斤拷锟阶憋拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟节碉拷18 锟斤拷锟斤拷贸锟斤拷锟介（External Resolution 18锟斤拷锟斤拷锟斤拷锟斤拷说锟斤拷锟斤拷锟揭碉拷锟斤拷锟斤拷锟斤拷锟斤拷锟绞成憋拷锟斤拷锟斤拷锟叫ｏ拷锟斤拷锟斤拷锟斤拷锟斤拷锟揭碉拷苑浅锟斤拷锟轿?目锟侥斤拷锟斤拷锟斤拷锟斤拷锟斤拷剩锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟较?锟斤拷锟斤拷锟斤拷芏锟斤拷40%锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷元锟斤拷锟斤拷锟斤拷锟斤拷6 锟斤拷锟铰★拷

    锟斤拷2008 锟斤拷9 锟斤拷1 锟斤拷锟金，革拷锟阶憋拷锟斤拷锟斤拷锟斤拷锟芥定锟斤拷锟斤拷1锟斤拷取锟斤拷锟斤拷锟斤拷投锟绞革拷锟阶憋拷锟角癸拷司锟斤拷票锟酵匡拷转锟斤拷债券锟斤拷锟斤拷锟斤拷息锟斤拷锟?50%锟绞斤拷锟斤拷锟斤拷乒娑?锟斤拷锟斤拷锟斤拷投锟斤拷锟斤拷锟斤拷锟斤拷锟绞斤拷只锟斤拷锟斤拷锟节对癸拷票锟酵匡拷转锟斤拷债券锟斤拷锟斤拷投锟绞伙拷锟斤拷锟斤拷锟节ｏ拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷途锟斤拷锟斤拷锟解，锟斤拷锟斤拷锟芥定锟斤拷锟斤拷锟绞对固讹拷锟斤拷锟斤拷锟狡凤拷慕锟斤拷锟酵讹拷锟斤拷懦锟斤拷锟斤拷猓伙拷锟?2锟斤拷取锟斤拷直锟斤拷投锟斤拷锟斤拷锟斤拷锟绞憋拷锟斤拷锟节革拷锟阶憋拷锟角憋拷锟斤拷2 锟斤拷锟斤拷锟斤拷啤锟?

    锟斤拷锟斤拷锟斤拷锟斤拷锟铰碉拷墨锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟接?锟斤拷锟斤拷
    2008锟斤拷11锟斤拷10锟秸ｏ拷锟斤拷锟斤拷锟斤拷锟斤拷(Fitch Ratings)锟斤拷锟斤拷锟斤拷17锟斤拷锟斤拷要投锟绞硷拷锟斤拷锟斤拷锟叫筹拷锟斤拷锟斤拷锟斤拷锟斤拷锟饺?锟斤拷锟斤拷锟斤拷锟斤拷锟叫ｏ拷锟斤拷墨锟斤拷锟界、锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷鲁锟侥憋拷锟揭猴拷锟斤拷曳锟斤拷锟斤拷锟轿ピ硷拷锟斤拷锟斤拷锟?IDR锟斤拷锟斤拷锟剿碉拷锟斤拷锟斤拷

    锟斤拷锟斤拷锟斤拷为锟斤拷墨锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟矫猴拷石锟酵价革拷锟铰伙拷影锟斤拷洗螅?讹拷锟揭讹拷锟斤拷债锟斤拷凸锟斤拷蚀锟斤拷锟斤拷锟饺ｏ拷锟斤拷锟秸碉拷锟斤拷锟斤拷锟斤拷锟斤拷锟姐；锟斤拷锟斤拷锟斤拷然锟叫斤拷强锟侥撅拷锟矫伙拷锟斤拷锟斤拷锟斤拷权锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷品锟叫筹拷锟桔革拷锟铰斤拷锟斤拷锟斤拷锟斤拷锟解部锟斤拷锟斤拷锟斤拷锟斤拷筛锟斤拷锟接帮拷欤?锟斤拷私锟斤拷锟斤拷锟斤拷某锟斤拷锟斤拷锟揭和憋拷锟揭凤拷锟斤拷锟斤拷违约锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷前锟斤拷锟斤拷锟斤拷锟铰碉拷锟斤拷同时锟斤拷锟斤拷锟斤拷确锟较ｏ拷锟斤拷锟斤拷强锟斤拷锟斤拷锟解部锟斤拷锟斤拷锟皆猴拷锟斤拷鲁锟斤拷缘锟剿?平锟斤拷锟解部锟斤拷锟斤拷锟斤拷锟斤拷锟结供锟斤拷锟姐够锟侥伙拷锟藉，锟斤拷维锟街碉拷前锟斤拷锟斤拷水平锟斤拷锟饺讹拷锟斤拷锟斤拷前锟斤拷锟斤拷

    锟斤拷锟斤拷锟斤拷息锟斤拷锟诫保锟斤拷锟斤拷注锟斤拷锟皆此ｏ拷锟斤拷锟角斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷隆锟?

锟斤拷锟节诧拷锟斤拷锟斤拷锟斤拷锟较ｏ拷锟斤拷锟斤拷转锟截伙拷锟斤拷露锟斤拷