This performance bond will become operative only after receipt in opener's bank of an irrevocable operative letter of credit.

此履约保函只在收到开证行不可撤销的有效信用证后方才生效。

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Seller to issue Performance Bond to the Buyer of 2% non-operative on each Letter of Credit to the Buyer in accordance to the terms of contract.

卖方必需按合约条款所订而向买方所开具的每次信用证开出未开通PB 2 %履约保证金。

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Over the last year, the Lehman Brothers U.S. credit index, a widely followed barometer of corporate bond performance, is up 8.2%.

FORBES: Can Gross Get His Groove Back?

Over the last year, the Lehman Brothers (nyse: LEH - news - people ) U.S. credit index, a widely followed barometer of corporate bond performance, is up 8.2%.

FORBES: Can Gross Get His Groove Back?

Sun and co-authors Lu Zheng of UC Irvine and Ashley Wang of the Federal Reserve studied the returns of some 5, 000 hedge funds from 1994 to 2011, adjusting for the funds' stock and bond exposure, currency bets, credit spreads and other factors that could account for performance.

WSJ: Upside: Protecting Your Portfolio From a Downturn