建立起了全国统一的银行间拆借市场，初步形成票据贴现市场和国债回购市场。

Stock market is developing rapidly, a uniform market for inter-bank borrowing and lending has been set up, bill discounting market and Treasury bond market have come into being.

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随着我国国债发行规模的不断扩大，国债回购市场也逐渐发展壮大，市场交易日渐活跃。

Along with the continuous enlarging of our bond publishing scale, the Treasury bond repo market is also gradually developing and getting strong.

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国债回购市场由国债市场而派生，国债市场的规模、种类等影响和制约着国债回购市场的活跃程度；

As a derivative market of bond market, the repo market is greatly affected by the bond market in aspects of scale, category, etc.

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