exemption of debt

Investors in assets that are correlated with the value of sovereign debt will still be allowed to hedge their exposure by buying sovereign CDSs but it is unclear to what assets that exemption applies.

与主权债务价值有关的资产投资者还是可以通过购买主权CDS来规避承受风险，但是这种免税权适用于哪种财产尚不明确。

The law established principle of debt exemption for bankruptcy for a time but was soon abolished.

该律一度确立了破产免责原则，但旋被废止。