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十年来,中国债券市场迅速成长,日益引人注目。但是,成长不等于成熟,从成长到成熟的距离就是我们面对的挑战。当前,我们又迎来了很好的机遇。这就是人民币国际化以及人民币加入SDR后的巨大推动力。债券市场国际化已成为我国维护一个稳定的货币环境面临新的考验。如果以2007年9月中国人民银行(俗称“央行”)倡导下银行间市场交易商协会的建立,作为我国真正的债券市场发展的起点,那么,其十年来的发展成果为今天的债券市场国际化机遇创造了条件。
Over the past decade, the rapid growth of China’s bond market has drawn increasing attention. However, growth is not equal to maturity, the distance from growth to maturity is the challenge we face. At present, we have ushered in a very good opportunity. This is the huge impetus behind the RMB internationalization and the RMB’s participation in the SDR. The internationalization of the bond market has become a new test for China to maintain a stable monetary environment. If the establishment of the Interbank Market Traders Association under the aegis of the People’s Bank of China (PBOC) in September 2007 is the starting point for the development of China’s real bond market, its development over the past decade has been the result of today’s bonds Market opportunities for internationalization created the conditions.