银行间债券市场与交易所国债市场的独立与统一西南证券北京分部管圣义、冯容:　目前我国的债券市场由银行间债券市场和证券交易所债券市场组成,但两个市场严重分割,使整个债券市场价格信号扭曲并影响了统一债券市场的形成。统一并不是指两市合并。两个市场在功能、交易方式、参 Independent and Unification of the Inter-bank Bond Market and the Exchange National Debt Market Guan Shengyi, Feng Rong: China’s bond market is composed of the inter-bank bond market and the stock exchange bond market. However, the two markets are severely divided, Distorted the entire bond market price signal and affected the formation of a unified bond market. Unification does not mean that the two cities merge. Two markets in function, transaction method, participation