several group number, then with b ± a, =c,c is is methyl b two vertical box between of accurate size. Per-2~3 measuremen萧条、需要增加货币供给量时,中央银行便买入债券。增加货币的投放。
我国债券市场的形成和发展
我国债券市场的发展,经历了从以柜台市场为主到以场内市场为主再到以场外市场为主三个阶段。1988 年至1990 年施行的国债柜台交易通过个人摊派的方式来发行,投资主体个人化,交易模式为场外交易。自1990 年交易所成立到1997 年银行间债券市场的设立,大量的交易通过场内市场进行。交易所方式满足了个人投资者对小额度、标准化、信息公开、风险防范的要求,市场交易量增长。1997年开设的银行间债券市场,虽然为金融机构搭建了场外交易平台,但由于机构投资者把债券市场错误的定位为资金调剂市场,加之机构投资者的发展尚未成熟,对询价交易操作缺乏经验,债券交易仍通过场内市场进行。之后,随着金融改革措施的推出,促使金融机构的投资目光转向债券交易,询价方式的场外交易日益活跃,并于2001 年场外市场交易量超过场内市场。至此,我国债券市场最终形成了以场外市场为主、场内市场为辅的发展模式。
several group number, then with b ± a, =c,c is is methyl b two vertical box between of accurate size. Per-2~3 measurement, such as proceeds of c values are equal and equal to the design value, then the vertical installation accurate. For example a, b, and c valueswhile on horizontal vertical errors for measurement, General in iron angle code bit at measurement level points grid errors, specific method is from baseline to methyl vertical box center line distance for a,, to b vertical box distance for b, list can measured
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several group number, then with b ± a, =c,c is is methyl b two vertical box between of accurate size. Per-2~3 measurement, such as proceeds of c values are equal and equal to the design value, then the vertical installation accurate. For example a, b, and c valueswhile on horizontal vertical errors for
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