In theory, those products can help investors and companies diversify risk, but they are nearly impossible to value.

理论上，这些金融产品可以帮助投资人和公司分散风险，但是要给这些产品估值几乎是不可能的。

youdao

This fund is generated from borrowers' payment of a "credit rate" fee and is used to diversify risk in the form of a reimbursement to lenders in the event of a late payment or payment default.

该资金是借款人支付的“信贷利率”费，旨在分散风险，用于赔偿借款人因逾期支付或违约产生的费用。

youdao

These bonds allow investors to diversify their assets and pay much higher interest rates to compensate for the risk of the issuer not repaying the principal in the event of a major catastrophe.

这些债券让投资者得以实现资产多元化，而且这些债券的利率很高，可以补偿发行机构在巨灾发生后本金得不到偿付所带来的风险。

youdao

Brady bonds can be used to diversify risk internationally while sparing the portfolio from concerns stemming from fluctuating currency exchange rates.

FORBES: 3 Bonds You May Have Never Heard Of

Eli Noam, the director of Columbia University's Institute for Tele-Information, calls the consolidation a natural evolution to achieve scale and diversify risk.

ECONOMIST: A new breed of telecoms firm emerges

And we need to understand what went wrong in this crisis, that the very financial instruments that were designed to diversify risk across the banking system instead spread contagion across the globe.

BBC: In full: Brown's speech to Congress