摘要
现阶段 ,票据市场作为货币市场的枢纽和与资本市场对接的桥梁 ,能够克服其它货币子市场在实现利率市场化方面的诸多缺陷 ,并且从利率的决定机制、传导机制及调整机制来看 ,票据市场都是利率市场化最有效的突破口。
As the center in monetary market and the bridge between monetary and capital market,China's commercial papers market,however,can overcome the defects of the other branches of monetary markets to realize the liberalization of interest rate.Moreover,commercial papers market is also the most effective breach of the liberalization of interest rate in the aspects of the determining,conducting and conditioning mechanisms.
出处
《武汉金融》
北大核心
2001年第4期8-11,共4页
Wuhan Finance
