流通债券

然而，通过改变流通债券的期限结构财政部能过去的相同的效果。

However , the Treasury can produce identical effects by changing the maturity structure of its outstanding debts .

已发行的美国长期可流通政府债券中，至少一半为各国政府持有。

The official sector holds at least half of all long-term US marketable government securities outstanding .

目前流通的欧元债券的价值也已经超过流通的美元债券的价值。

The value of euro notes in circulation has also surpassed the value of dollar bills .

本文所研究的我国企业债券信用利差的宏观影响因素包括利率、股票市场指数回报率、股票市场波动率几个宏观经济变量，考察的是我国上海证券交易所流通的企业债券的信用利差。

The macro influencing factors of corporate bond include the macroeconomic variables of interest rates , stock market index returns and stock market fluctuation . Investigated in this paper is the credit spreads of the corporate bond circulated in the Shanghai Stock Exchange market .