| 1. | The new issue will be divided into four tranches
：新一批发行的债券分为四部份。 |
| 2. | An investor may subscribe for one or more of the tranches
投资可认购一部份或以上。 |
| 3. | An investor may subscribe for one or more of the above tranches
每名投资者可认购超过一款债券。 |
| 4. | It now expects losses on these tranches to be “ immense ”
现在，这些东西将带来“巨大”的损失。 |
| 5. | Automatic imf tranche
货币基金组织中自动份额 |
| 6. | Multi - tranche offering
分期或分多个份额发行 |
| 7. | First credit tranche
第一档信货部分贷款 |
| 8. | Higher credit tranche
高档信货部分贷款 |
| 9. | The granting of the whitewash waiver is a condition of the first tranche completion
执行人员授出清洗豁免为第一期完成之条件。 |
| 10. | The three tranches of the retail notes will be placed to retail investors through 19 placing banks
零售债券部份的三个组别，将透过 |
