论文部分内容阅读
亚洲地区的金融界人士已普遍意识到，亚洲应大力发展债券市场，因为债券市场远比股票市场稳定，不易被冲击。一个成熟的债券市场，将使国际对冲基金的投机性袭击无法得逞，同时还使各国因具备强有力的金融工具而使本国货币更加稳定。但目前亚洲发展债券市场主要有三个障碍：一
People in the financial community in Asia have generally realized that Asia should make great efforts to develop the bond market because the bond market is far more stable than the stock market and will not be easily hit. A mature bond market will deprive speculative attacks on international hedge funds and at the same time allow countries to stabilize their currencies because they have strong financial instruments. However, there are mainly three obstacles to developing the bond market in Asia at present: First,