制度创新推动债券市场发展

Promoting the Development of Bond Market by Means of System Innovation

债券市场是中央银行三大货币政策工具之一的公开市场业务的基础市场。目前我国债券市场发展滞后,这种状况严重制约着我国资本市场的健康发展,甚至影响到中央银行的宏观调控。完善债券市场运作机制,加快制度创新,是促进和推动债券市场发展的关键。

Bond market is the fundam ental market of open market operation which acts as one of the three monetary policy instruments.At present,the slow development of bond market layre-stra ints on the smooth advance of China’s capital market and even impairs our Cent ral Bank's macro-control over economy.Therefore,he key to promoting the devel opment of bond market lies in perfecting the operating mechanism of bond market and accelerating the system innovation,;