国库券有广大的二级市场，易手方便，随时可以变现，信誉高。
Treasury bills are the secondary market, easy to change hands, can be converted into cash at any time, high credibility.
选择一个价格低、信誉高、服务优、实力强的清关代理，可以转嫁部分风险，控制清关成本。
To fix an agent with good reputation, strong power and quality service at low cost can transfer partial risks and control clearing costs.
就像购买低信誉高收益率公司的债券一样，养老金基金承担的风险越大，它的未来债务额就显得越小。
The more risk the pension fund takes (for example, by buying high-yielding bonds of companies with poor credit ratings), the lower its liabilities appear to be.
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