发行规模:一个两难的选择 2000年财政部在国内市场共发行了4657亿元国债,国债发行为国家有效实行的积极财政政策拉动投资奠定了坚实的基础。1994年以后国债发行量大幅增长,尤其是在1998年及其以后几年,国债发行出现了一个高峰期。究其原因:一是1994年以后财政部改革了弥补财政赤字的制度,从原来的通过向银行透支和借款转变为只能以发行国债的方式来弥补。二是 Issue size: a dilemma In 2000, the Ministry of Finance issued a total of 465.7 billion yuan of treasury bonds in the domestic market. The issuance of treasury bonds has laid a solid foundation for stimulating investment through active fiscal policies effectively implemented by the state. After 1994, the issuance of treasury bonds increased sharply. Especially in 1998 and later years, treasury bonds issued a peak period. The reason: First, since 1994, the Ministry of Finance has reformed the system to make up for the fiscal deficit, and has made up with the change from overdraft and borrowing to banks to issuing bonds only. two is