emisión de
A su vez, el BCE obtiene el crédito Target de los respectivos bancos centrales nacionales a los que va el dinero y que, por tanto, se ven obligados a aceptar una reducción de su margen de maniobra para la emisión de créditos de refinanciamiento.
The ECB in turn draws the Target credit from the respective national central bank to which the money is flowing and which therefore has to accept a reduction in its scope for issuing refinancing credit.
Pero los VIGL obtuvieron una gran cantidad de financiación en el año 2012 mediante la emisión de bonos y préstamos fiduciarios.
But LGIVs obtained a massive amount of financing in 2012 by issuing bonds and trust loans.
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