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.

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。

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Stock investors have been reassured by declines in borrowing costs for countries such as Italy and Spain, a sign lending jitters are waning.

WSJ: Optimism Drives Dow Past Milestone