近期国债热销,究其原因有二:一是本期国债增加了抵押和质押功能,流动性增强;其二是本期国债利率仍高于同期银行存款利率,且享有提前兑取、分段计息等优惠条件,国债收益率很高。笔者认为在当前国债实际利率甚高,国债市场出现“卖方市 Recently, there are two reasons for the recent treasury bond sales. First, mortgage bonds and pledges have been enhanced in this issue, and liquidity has been enhanced. Second, interest rates on treasury bonds are still higher than the interest rates for bank deposits in the same period, and are subject to early withdrawals and subdivisions Interest rates and other preferential terms, the bond yields high. The author believes that the current real interest rates in treasury bonds is very high, the bond market appears “seller’s market.”