利率

Lack of effective market benchmark interest rate. On November 1 2003 ,Cheng Siwei, vice chairman of the Standing Committee, said: the key to the market-oriented interest rates is to set the benchmark interest rate.

缺乏有效的市场基准利率。2003 年11 月1 日，全国人大常委会副委员长成思危在一次论坛上指出：利率市场化的关键是确定基准利率。

The thesis, which is a systemic study on interest rate risk measurement of Chinese commercial bank, quantitates accurately Chinese commercial bank interest rate volatility with VaR model based on GARCH(1,1) family model and will be a good reference for Chinese commercial bank to establish effective interest rate risk management system.

本文是对我国商业银行利率风险测度的系统研究，通过使用基于GARCH(1，1)族模型的VaR方法使商业银行的利率波动得到精确的估计，有利于我国商业银行建立有效的利率风险管理体系。

"It is worth noting that despite the central bank lowered the deposit and loan interest, but at the same time the State Council also decided to exempt from tax interest on deposits, the deposit can be offset the decrease in interest rates, but also has a certain Both stock market and price stability."

"值得注意的是，尽管央行下调存贷款利率，但同时，国务院还决定免除存款利息税，存款可以抵消利率下降利率，但也具有一定都股票市场和价格稳定。"

Libor, the London Interbank Offered Rate, is a daily average of rates that 16 different banks charge each other to lend money in London, and it is used to calculate adjustable-rate mortgages.

伦敦同业拆借利率，伦敦同业拆放利率，是平均每天16个不同的费率收取对方银行贷款在伦敦，它是用来计算浮动利率抵押贷款。

Note issued from five to fifteen years with a fixed spread, usually over the six month London Interbank Offered Rate, normally with provision for a minimum interest rate.

这种票据期限为5到15年，利率通常为6个月伦敦同业拆放利率加固定利差，并有最低利率规定。

It is noticed that Chinese Central Bank has attached more importance to the function of open market operation in adjusting interest rate. The central bank, which buys and sells securities in capital market and signals the trend of interest ...

市场已注意到，央行越来越注重发挥公开市场业务引导利率的作用，其在金融市场上对有价证券等的公开买卖，向市场发出利率走向的信号，其干预市场利率的意图越来越明显。

The empirical test results show that there is "expectation puzzle" in the test, long-term rates overact to the market shock, and so the expectations hypothesis cannot hold in China.

检验结果表明，我国利率期限结构的预期假设检验出现了"预期迷惑"现象，我国长期利率对市场冲击发生过度反应，利率期限结构预期假设不成立。

Such "curve" risk can arise in portfolios in which long and short positions of differ-ent maturities are effectively hedged against a parallel shift in yields but not a-gainst a change in the shape of the yield curve.

这种利率曲线风险将产生在长、短部位到期期限不同的组合中，虽可有效规避殖利率平行移动的风险，但却无法规避殖利率斜率改变的风险。

Event: People's Bank of China yesterday announced that from September 16, 2008, the lower one-year RMB benchmark lending rate 0.27 percentage points, the grade of other period in accordance with the short-term benchmark lending rate polytonality, less stressed the principle of long-term adjusted This is a lapse of 4 years after the benchmark lending rate of the first down.

事件：中国人民银行中国银行昨日宣布，从2008年9月16号，下一年期人民币贷款基准利率上调0.27个百分点，在其他依照期间与短期贷款基准利率多调级，少强调的原则长期的调整，这是4年后的第一个贷款基准利率下降而失效。

Rate at Actcfx.com's principal bank or the maximum interest rate allowed by law, whichever is lower.

下两者中较低的利率产生，Actcfx.com 的主要银行的通行优惠利率加上三个百分点或法定最高利率。

According to the clear water experiment, aeration performance of the new equipment is good with high total oxygen transfer coefficient and oxygen utilization ratio.

曝气设备的动力效率在叶轮转速为120rpm～150rpm时取得最大值，此时氧利用率和充氧能力也具有较高值。

The environmental stability of that world - including its crushing pressures and icy darkness - means that some of its most famous inhabitants have survived for eons as evolutionary throwbacks, their bodies undergoing little change.

稳定的海底环境─包括能把人压扁的压力和冰冷的黑暗─意谓海底某些最知名的栖居生物已以演化返祖的样态活了万世，形体几无变化。