Now, they also have longer maturity, called Treasury strips, but let me move to the other.
现在,贴现债券也会有更长的期限,那些叫作国库债券条子,这个概念我们先不管
We're talking about discount bonds, and then coupon-carrying bonds, and then talk about the term structure of interest rates and why we have interest rates.
我们先讲贴现债券,然后是附息债券,再讲讲利率的期限结构,以及为什么要有利率
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