(state bank) acts as the state treasury
吸纳流动性 to absorb liquidity 代理国库 to act as fiscal agent 消灭财政赤字 to balance the budget;to eliminate fiscal deficit ..
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国库代理 fiscal agent
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文章阐述了加强商业银行代理国库业务监管工作的意义，分析指出监管工作中存在的问题，并如何提高商业银行代理乡镇国库业务监管水平提出相应的措施。
This article points out the significance to strengthen supervision and puts forward relevant measures on how to improve the supervision on commercial banks acting for town national treasury.
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