• If the central bank wants to establish, say, PMin as implied by point A'', which exceeds P0, it creates a supply surplus of bonds (namely B** — B*), which has to be taken up by the central bank.

    比如说,如果央行确立如图中点A ''所对应债券最低价格PMin这个最低价格高于市场均衡价格P0造成债券供应过剩B** — B*),这些过剩的债券供应央行收购

    youdao

  • If the central bank wants to establish, say, PMin as implied by point A'', which exceeds P0, it creates a supply surplus of bonds (namely B** — B*), which has to be taken up by the central bank.

    比如说,如果央行确立如图中点A ''所对应债券最低价格PMin这个最低价格高于市场均衡价格P0造成债券供应过剩B** — B*),这些过剩的债券供应央行收购

    youdao

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