利率

There are two methods to study the fitting of the interest rate term structure currently, which are the dynamic method and the static one. The static method is to fit the term structure at a point in time using the market information at that time according to a particular standard, and the dynamic one is to describe, based on the result of the static fitting, the change of the term structure using the random process.

目前利率期限结构的研究角度主要有动态和静态两类：静态是根据某个时点的市场信息按特定的标准对该时点的利率期限结构进行拟合；而动态则是在静态拟合的基础上，使用随机过程对利率期限结构的变化过程进行描述。

In an open interest rate system, benchmark interest rate is the guide of all the money market. And also, it is the conference index for center bank to adjust monetary policy.

在开放的利率体系下，基准利率是整个货币市场的参考利率，也是中央银行调整货币政策的重要参考指标，在金融市场中起着重要的作用。

If the reference rate increase enough that the cap rate is reached, further increases in market yields will decrease floater's price.

如果参考利率上升的足够大而超过了利率上限，利率的进一步上升将降低浮动债券的价格。

The increase in interest rates, cancellation of the loan interest rate cap, most interest rates began to be free floating .

利率上升，取消贷款利率上限，大部分利率开始可以自由浮动。

A maximum interest rate cap can be set which will only allow interest rates to rise at a specific amount each year, or the interest rate can be locked in for a specific period of time.

最高利率上限将可享受到利率上升时只允许特定金额每年，或者利率可锁定某一特定的时期。

Last December 4, People's Bank of China to the national financial institutions issued a report on the "micro-open foreign currency deposit rates," the notice declared that from now on, all commercial banks according to the People's Bank in July 2, 2003 standards published by the interest rate cap, self-determined dollar, yen, euro, Hong Kong dollars, pound sterling, Swiss franc and Canadian dollar currency seven small foreign currency deposit rates.

去年12月4日，中国人民银行中国国家金融机构发表了一份报告，对&微型开放外币存款利率&，该通知宣布，从现在起，各商业银行按照人民银行在7月2， 2003年公布的标准利率上限，自我确定美元，日元，欧元，港元，英镑，瑞士法郎和加拿大元七个小货币的外币存款利率。

The Fed cut its fed funds rate to 1 percent from 1.5 percent at its scheduled meeting last month, part of an aggressive rate-cutting campaign that has taken the benchmark rate for overnight bank loans down 3.25 percentage points since the beginning of the year.

美联储上个月在它的预期的会议上从百分之1.5到百分之1下调它的美联储联邦基金利率，自从年初以来下降3.25个百分点把基准利率看作一整夜的银行贷款的一次积极的利率消减运动的部分。

But here's the thing: Fixed-rate mortgages are already at historic lows, and the government is going to use every tool in its bag to get them lower over the course of the year.

但现在的问题是：固定利率抵押贷款利率已经处于历史低位，2009年政府也会动用一切可能手段继续推低贷款利率。

It is not enough if we just only depend on static yield curve of zero-coupon bond which reflects the current term structure of interest rate and make it the lever for financial products with uncertain cash flow, especially the measurement of interest rate risk on financial products with random cash flow which is related to interest rate, but need to set yield curve of zero-coupon bond as dynamic models.

对非确定性现金流金融产品，特别是与利率相关的随机现金流的金融产品进行利率风险度量，单纯依赖反映现行利率期限结构的静态零息票债券收益率曲线作杠杆是不够的，而是需要把零息票债券收益率曲线建成动态模型。

So this paper applied Grey forecasting GM (1,1) model and its generated models, the Grey Markov numerical forecasting model and Comprehension model, to develop a net interest margin change forecasting model, a net interest margin forecasting model, a new decision model concerned with commercial bank interest-sensitive assets portfolio and a new expected return decision model of interest-sensitive assets portfolio.

本文以灰预测GM(1，1)模式，以及其衍生之灰马可夫预测模式与内涵模式，构建新的净利息边际变动率预测模式、净利息边际金额预测模式、利率敏感性资产投资组合最适配置决策模式与利率敏感性资产投资组合最适配置预期报酬率决策模式等利率敏感性缺口管理预测模式。

Singer Leona Lewis and former Led Zeppelin guitarist Jimmy Page emerged as the bus transformed into a grass-covered carnival float, and the pair combined for a rendition of "Whole Lotta Love".

歌手leona刘易斯和前率领的飞艇的吉他手吉米页出现巴士转化为基层所涵盖的嘉年华花车，和一双合并为一移交&整个lotta爱&。

This is Kate, and that's Erin.

这是凯特，那个是爱朗。