中國特色的迷失
利世民聲音專欄

中國特色的迷失

2024-07-10
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2024 年 7 月 1 日,人民銀行宣布向市場一級交易商借入國債,並在公開二手市場上沽出。

坊間主流報道,指所謂的「臨時正回購」與「臨時逆回購」操作,是為了控制長期利率,但沒有講到背後真正目的。為甚麼要控制中期甚至長期利率的息差?這種所謂的孳息曲線管理又是甚麼一回事?

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