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问题之一:国债利率机制比较僵硬。1988年以前,我国发行的国债都是固定利率,并且是比照同期限银行储蓄存款利率确定的。通常国债利率要比银行同期储蓄存款利率高出1—2个百分点。1989年发行了保值公债,公债利率“盯住”通货膨胀率,首开我国浮动利率国债。但现行国债利率,仍主要存在着三个问题:(1)确定国债利率的依据及国债利率的地位不符合国际惯例和市场经济的要求。市场经济较发达的国家,国债利
One of the problems: the bond interest rate mechanism is relatively rigid. Before 1988, the national bonds issued in our country were all fixed interest rates, which were determined by the interest rates of bank savings deposits in the same period. Interest rates of treasury bonds are usually 1-2 percentage points higher than the savings deposit rates of banks in the same period. In 1989, hedging bonds were issued, the interest rate of public debt was “pegged” to the inflation rate, and the country’s first floating-rate government bond was opened. However, there are still three major problems in the current interest rate of treasury bonds: (1) The basis for determining the interest rate of treasury bonds and the status of treasury bond interest rate do not conform to the requirements of international practice and market economy. Market economy more developed countries, national debt