The central bank has already started buying private-sector assets, such as commercial paper, in an attempt to get credit flowing again.

中央银行已经准备好购买私人机构的资产，从而使存款再次流动起来，比如商业债券。

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On the other hand, a recent paper by researchers at the European Central Bank says part of the problem with CDSs is that they are used for speculation, as well as hedging.

另一方面，由欧洲央行的研究人员近期提出的一份报告指出大额定期存单的部分问题在于它们被用于投机，而不单是保值。

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Unlike the former view that the character of Central Bank Bill is bond issued by Central Bank, this paper afresh explains its character from debt replacement instrument.

与把央行票据性质定位为中央银行债券的传统角度不同，本文从债务置换工具的视角重新阐释了央行票据的性质。

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So also will be the president and council of the European Central Bank which, on paper, may well be the most independent and least accountable central bank in the world.

ECONOMIST: Yves-Thibault de Silguy, euro-navigator

He added that the central bank was pressing forward with its commercial paper plan, and would keep it up until the markets improved.

FORBES: Magazine Article

Our central bank is now the U.S.' de facto commercial bank and our commercial paper market.

FORBES: How Capitalism Will Save Us