In a practice known as netting, institutions such as PIMCO that trade in CDSs work out their remaining exposure after accounting for their positions on various contracts.
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释义
通过一种称为“净值计算”的方法,PIMCO这样的买卖CDS合约的机构在核算了其各项合约的头寸之后,便能计算出剩余的风险。
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