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对于我国来说,这里主要讨论的是国债期货,利用国债期货的买卖来实现对利率风险的控制和回避。说到国债期货,不得不提到“327国债”期货事件。1993年上海证券交易所在向证券商自营推出国债期货交易之后十个月,于1993年10月25日向社会公众开放,1994年国债期货的成交量已达2.8万亿元,几乎是各商品期货交易总金额之和。至1995年春节前,全国已有十四家交易所(证券交易中心)开设国债期货,股票市场的低迷和钢材、煤炭、白砂糖等大宗商品期货品种相继被暂停交易之后,
For our country, the main discussion here is the bond futures, the use of the trading of government bonds to achieve the interest rate risk control and avoid. When it comes to Treasury futures, we have to mention the “327 Treasury Bonds” futures incident. In 1993, Shanghai Stock Exchange opened its doors to the public on October 25, 1993, ten months after it launched its own bond futures trading with securities dealers. In 1994, the trading volume of treasury bonds reached 2.8 trillion yuan, almost every commodity The sum of the total amount of futures transactions. By the Spring Festival of 1995, there have been 14 treasury bonds (securities trading centers) opened in the country. After the downturn in the stock market and the suspension of commodity futures such as steel, coal and white sugar,