我国已初步建立市场利率形成机制和市场利率体系。
China has primarily set up the mechanism of market-orientation interest rate and the system of market interest rate.
其关键之一在于选择有效的市场基准利率，在基准利率的基础上形成合理的市场利率体系。
One of the key factors in to find the proper basic interest rate, and to build a system with reasonable interest rate of market on the basis of basic interest rate.
在长端利率体系方面，本文将首先考察SHIBOR对于市场预期的反应，然后考察其对于债券市场利率体系的引导效果。
In the second part, the author will first investigate the reflection effect of SHIBOR on market anticipation, and then research the conduction effects of SHIBOR in the bonds market.
应用推荐