premio soberano / contagio financiero

English translation: sovereign (or government bond) spread / financial contagion

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:premio soberano / contagio financiero
English translation:sovereign (or government bond) spread / financial contagion
Entered by: Joanna Leigh

21:08 Oct 7, 2007
Spanish to English translations [PRO]
Bus/Financial - Management / Economic Policies
Spanish term or phrase: premio soberano / contagio financiero
This is the context of both concepts:
"Aumenta la credibilidad del Fisco como emisor de deuda internacional, reduciendo el ***premio soberano*** y los efectos de ***contagio financiero*** de otros países".
Joanna Leigh
sovereign (or government bond) spread / financial contagion
Explanation:
Authors writing on "premio soberano" define it: "Estos spreads corresponden a la diferencia entre la tasa de interés que pagan los bonos soberanos de países emergentes y la tasa de interés que paga un bono del Tesoro de EE.UU. de plazo equivalente. En consecuencia, es una buena aproximación a la compensación que exige los inversionistas por el riesgo país, es decir, al riesgo de que el soberano emergente no pague completamente su deuda."

As for "contagio", the World Bank uses "contagion": http://www1.worldbank.org/economicpolicy/managing volatility...
Selected response from:

Parrot
Spain
Local time: 04:24
Grading comment
Muchas gracias!!!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1sovereign premiun / financial contamination
Michael Powers (PhD)
4sovereign (or government bond) spread / financial contagion
Parrot


  

Answers


23 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
sovereign premiun / financial contamination


Explanation:
Mike :)

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Note added at 23 mins (2007-10-07 21:32:20 GMT)
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sovereign premiuM

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Note added at 24 mins (2007-10-07 21:33:21 GMT)
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The sovereign premium to be paid out each month due to the deficit, and "contagio" figuratively as "contamination" as described in the unabridged Harper Collins Dictionary

Michael Powers (PhD)
United States
Local time: 22:24
Works in field
Native speaker of: English
PRO pts in category: 54

Peer comments on this answer (and responses from the answerer)
agree  Marcela Robaina Boyd: Sin duda... pero ¿quién habrá traducido "premium" por "premio" en vez de "prima"?
1 day 18 hrs
  -> Thank you, Marcela - Mike :)
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2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
sovereign (or government bond) spread / financial contagion


Explanation:
Authors writing on "premio soberano" define it: "Estos spreads corresponden a la diferencia entre la tasa de interés que pagan los bonos soberanos de países emergentes y la tasa de interés que paga un bono del Tesoro de EE.UU. de plazo equivalente. En consecuencia, es una buena aproximación a la compensación que exige los inversionistas por el riesgo país, es decir, al riesgo de que el soberano emergente no pague completamente su deuda."

As for "contagio", the World Bank uses "contagion": http://www1.worldbank.org/economicpolicy/managing volatility...


    Reference: http://www.bcentral.cl/estudios/documentos-trabajo/pdf/dtbc3...
    Reference: http://www.bcentral.cl/prensa/resumen-estudios/dtbc333.htm
Parrot
Spain
Local time: 04:24
Native speaker of: English
PRO pts in category: 8
Grading comment
Muchas gracias!!!
Login to enter a peer comment (or grade)



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