可是国债发行利率的自由化是一个关键的前提条件。
Liberalization of interest rates in the primary government debt market would be an essential prerequisite.
我国资金市场主导利率是官方利率，国债发行利率是其从属利率。
In China the leading interest rate of financial market is official rate with the interest rate of national debt as a subordinate one.
意大利新发行的国债收益率已经超过6%，比欧洲央行基准利率高出了500个基点。
Yields on Italy's new issue debt are over 6%, more than 500 basis points over the European Central Bank benchmark interest rate.
这也被称作“变相”量化宽松政策或者“长短期利率操作”，是在上世纪60年代国库和美联储试图通过更改国债发行模式来“扭转”收益曲线后得名的。
This has been dubbed "sterilised" QE or "Operation twist", after a 1960s programme in which the Treasury and the Fed tried to "twist" the yield curve by altering the pattern of Treasury-bond issuance.
新兴市场债券创下了有记录以来最好的一个开年：新发行债券的数量猛增，对美国国债的利率溢价已收窄至2008年以来的最低点。
Emerging market bonds have had their best start to the year on record as new issuance has surged and interest rate premiums over US Treasuries have narrowed to their lowest since 2008.
1999年9月国债在银行间债券市场利率招标发行。
In September 1999, bonds in the inter-bank bond market interest rates was issued by tender.
这预示着美国国债的利率将会上升，可能也需要寻找其它的现金来源，如发行更多的通货膨胀保值国债。
This portends higher interest rates for the Treasury, and it may need to find alternative sources of cash like issuing more inflation protected Treasury bonds.
基于国债余额管理提出了一个国债最优发行模型，以最小化所发行国债组合的期望利率成本。
Based on balance management, this paper proposed an optimal issuance model of national debt in order to minimize the expected interest cost of portfolio of national debt.
基于国债余额管理提出了一个国债最优发行模型，以最小化所发行国债组合的期望利率成本。
Based on balance management, this paper proposed an optimal issuance model of national debt in order to minimize the expected interest cost of portfolio of national debt.
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