国债

Therefore, the depository interest rate, rediscounting rate and government bond interest rat cannot be set as the benchmark interest rate. In fact, most of the scholars support the inter-bank offered rate and the repo rate as the benchmark.

指出与美国的利率结构相比较，我国市场利率结构突出的两个特点：一是国债利率高于存款利率，二是再贴现利率并未处于利率体系的底端，且高于存款利率，风险与收益不匹配，所以存款利率、再贴现利率、国债利率不适合作为基准利率。

China Rejiggers U.S. Treasury MixBeijing Sheds Long Bonds In Favor of Shorter Issues

中国减少了所持长期美国国债的头寸，同时增持了短期国债。

Therefore, the relaunching of China\'s treasury future trading should borrow the successful lessons from developed countries, in order to design scientific and rational treasury future contract.

因此，重推中国国债期货交易应借鉴发达国家的成功经验，设计科学、合理的国债期货合约。

Even net government debt, which subtracts government assets, is high in Japan; the IMF puts it at 105% of GDP in 2009, compared with 58% for the U.S.

甚至是净国债在日本也很高；IMF估计2009年日本的净国债占GDP的105%，而美国则为58%。

China accounts for 23 per cent of all foreign holdings of US Treasuries and is the largest single investor.

中国是美国国债最大的投资者，在外国持有的美国国债中，中国占到了23%。

What is the connotation of the steady financial pllicy? First it is to control the financial deficit, however, continue to maintain the long-term constructed national debt releasing scale and the certain financial deficit scale. Second it is to adjust structure, much more money should be invested in weak links that need to strengthen such as agriculture, education, science, arts and health, social security. Thirdly, it is to advance reform, vacating the financial resource for system innovation not relying on national debt investment fueling economic growth any more. Lastly, it is to increase income and reduce expenses to enhance financial fund's use benefit.

稳健的财政政策的内涵：一是控制赤字，但继续保持一定财政赤字规模和长期建设国债发行规模；二是调整结构，把更多的钱用到需要加强的农业、科教文卫、社会保障等薄弱环节；三是推进改革，不再主要依靠国债投资拉动经济增长，腾出财力用于体制和制度创新；四是增收节支，提高财政资金的使用效益。

Firstly, pay attention to coordination with economic development, we should control the issue scale of government debt, strengthen the management of the usage of it, and make good use of the structure adjustment function; grant the bond issue qualification to local government, increase the projects bond issue; increase the treasury bill issue, and satisfy the demand of liquidity management of commercial banks and regulation of central bank.

第一，注意保持与经济发展的协调性，适当控制国债发行规模，加强对国债使用投向的管理，充分发挥其结构调整的作用；给予地方政府债券发行资格，加大项目债券的发行量：增加政府短期债券发行量，满足商业银行流动性管理及中央银行宏观调控的需要。

Implementation of the contract bond interest rates, which bought bonds today, tomorrow if interest rates rise, you can only buy at the agreed interest rates on interest-bearing.

国债执行的是合同利率，也就是说今天买了国债，明天如果利率上调，你也只能按购买时约定的利率计息。

The premium demanded by investors to hold the country's debt over German bunds rose to 1 percentage point.

其与德国国债的息差（打动投资者持有西班牙国债所需的溢价）升至1个百分点。

This is a risk premium of 3.26% over German bunds, the euro zone's benchmark.

相比欧元区基准国债德国10年期国债，其风险溢价是3.26个百分点。

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。