Besides, our country's social credit system is imperfect, thereby leading to some credit risks of both short-term finance bonds and medium-term notes.

而我国社会信用体系的不完善也导致短期融资券和中期票据面临一定的信用风险。

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Government bonds issue take medium and long-term national debt as the main type, in order to meet longer requirement in project cycle of the infrastructure.

国债发行以中长期国债为主，扭转了国债中短期化的趋势，以适应基础设施项目周期较长的需要。

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He also exited long- and medium-term bonds for fear that rising rates would zap them.

FORBES: Russian Roulette Investing

In the first scenario of a steady, extended climb in rates, the firm found that investors would likely see the value of investments in mutual funds that hold short-term or medium-term bonds decline over a three-year period, while holders of stable-value accounts would see their balances continue to grow steadily.

WSJ: A 401(k) Defense Against Rising Rates

There are several reasons, one of the more subtle among them being that the insurer can fund the product entirely with medium- and long-term bonds, since there are no payments in the short term.

FORBES: A 10% Annual Payout For Retirees