The Treasury plans to buy huge amounts of distressed debt using a reverse auction process, where banks offer to sell at a price and the government buys from the lowest price upwards.

 
  • 财政部计划通过逆向拍卖过程收买巨大的窘困债务,在这一过程中,银行以某一价格出卖,政府则从最低价开始向上收买。
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