货币市场利率 meaning in English
money market rate
Examples
- Money market rate
货币市场利率 - Particularly in recent years , the central bank of china expands open market operations through the inter - bank bond market , supply and take back the base money on a large scale , and regulate the money supply and the money market interest rate , which deeply influence the commercial banks " credit scopes
尤其是近年来，央行在银行间债券市场持续、大规模地开展公开市场业务操作，大规模吞吐基础货币，调节货币供应量和货币市场利率，进而影响商业银行信贷规模。 - Therefore , the reformation to the current intermediate target of monetary policy is necessary for the further development of our economy and the efficiency of macroscopic readjustment and control . after comparing of several intermediate targets , this paper constructs a system of intermediate targets of monetary policy , or “ a basket of intermediate targets ” , suggests that the rate of inflation should be a major target with money supply , money market rate and other indexes as the sub - targets subservient to the decision of inflation target
通过对可供选择的利率目标制、通货膨胀率目标制以及汇率目标制的比较分析,以及对他国经验的考察,本文构建了一个未来的货币政策中介目标体系,提出将通货膨胀率作为主目标,货币供应量、货币市场利率等作为主目标决策系统中的次级监测目标的“通货膨胀中介目标篮子” ,或者说一个中介目标体系,其本质上属于通货膨胀率目标制。 - In the framework above , the connotation of money market performance is personally expounded , i . e . money market performance is that in how big extent the function of money market has worked , and money market performance refers to the operation performance at first , on which the performance for monetary policy transmission and in price mechanism are based . chinese money market has achieved some positive performance , which features the money market ' s own development , the transform and further improvement of monetary policy transmission mechanism , and the money market interest rate ' s rising importance in the marketization of interest rate , etc . meanwhile , there are some factors in money market such as market participant , market instrument , and settlement mechanism etc , impeding the further development of money market ' s performance , and we must take these factors into account for improving the performance of chinese money market
在上述研究框架内，论文对货币市场绩效的含义进行了独立阐释，认为货币市场绩效是指货币市场在运行中应有职能的实现程度，并认为货币市场绩效首先是运行绩效，然后才有货币政策传导和价格机制等方面的绩效；我国货币市场在市场运行、货币政策传导和价格机制等方面都取得了一定的绩效，体现在市场本身的发展、货币政策调控机制的转变和进一步完善以及货币市场利率成为基准利率和利率市场化起点等方面，但同时，货币市场主体、市场工具和交易结算机制等因素又阻碍着这些绩效的进一步发挥；提高和完善我国货币市场绩效须基于这些阻碍因素来考虑对策。 - The suggestions include : to further the exchange rate reform and change the rigidity of money supply caused by foreign exchanges , to improve the deposit reserve system and enhance the sensitivity of financial institutions to open market operations , to improve the issue of treasury securities and lay a solid foundation for open market operations , to try setting up the operation band of money market interest rate and to reform the deposit management of finance ministry
本文最后提出的政策建议包括:深化汇率制度改革,改变外汇占款刚性的情况;进一步改革存款准备金制度,增加金融机构对公开市场操作的灵敏度;完善国债发行,发展国债市场,为公开市场操作创造良好基础;强化公开市场操作与再贷款、再贴现的配合,尝试建立货币市场利率目标区间;加强财政部存款管理等。