目前,国内的个人投资者进行债券投资,最直接的参与方式有两种:一种是银行销售的凭证式国债;另一种是沪深两市交易的交易所债券。凭证式国债由于流动性和多样性的欠缺,往往不是活跃的个人投资者的首选。而多数个人投资者无暇眷顾的交易所债券市场其实蕴含着可 At present, the domestic individual investors invest in bonds, there are two most direct ways to participate: one is the voucher bonds sold by banks; the other is the exchange bonds traded in Shanghai and Shenzhen. Voucher-style bonds are often not preferred by active individual investors because of their lack of liquidity and diversity. The exchange-traded bond market, which most individual investors do not have time to look forward to, actually contains