与今年4月中国购买日本长期国债的做法相对的是,同期中国更大规模地净出售1.470万亿日元的货币市场工具(一年期或期限更短的短期债券),这是中国连续第6个月出售此类资产。
The longer-term buying in April was countered with the larger net sale of Y1,470bn in money market instruments – short-dated bills of a year or less – in the sixth successive month of sales.
一旦这些基金突然停止购买这些商业票据,那么与这些交易工具相连的银行资产折现力将瞬间生效。
When those funds suddenly stopped buying paper, the Banks' liquidity lines to these vehicles abruptly came into force.
在国内缺乏储蓄工具,于是这些节俭的国家便购买国外资产作为替代。
Lacking vehicles for saving at home, the thrifty buy assets abroad instead.
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