We have all heard and enjoyed Chinese music, isn't it time we learned how to talk about local instruments?

我们都听说过中国音乐，也都喜欢欣赏中国音乐，现在正是我们学习谈论当地乐器的好时候，难道不是吗？

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ING, for instance, wants to sell local debt instruments, like Brazilian treasury bills, to foreign investors.

ECONOMIST: Investment banking

Under new rules for sovereign bonds called OFZ and other local debt instruments, foreigners can tap in directly through the Euroclear service, bypassing the current need to have a Russian broker on the ground somewhere in Moscow or St.

FORBES: Russia's Bond Market Grows Up

For example, South Africa's Standard Bank, which operates in 18 African countries, packages local government bonds into instruments it sells to foreign investors.

ECONOMIST: African financial markets