我国国债发行制度述评

本文对行政摊销制、承购包销制等国债发行制度进行了比较全面的述评，提出我国国债要真正走向健康的市场之路须调整国债管理的政策目标、提高国债的金融商品竞争力并大力开拓国债市场资金供给的渠道。

China's government bonds issuance Systems: retrospect and prospect

This paper makes an all-round critical account of such government bonds issuance systems in present-day China as the mandatory bonds target system and the bonds Purchaser-consignee system, then goes on to Present the author's idea that in other for China's government bends issuance to embark upon a healthy way in the truesense of the term, efforts should be made to regulate the policies and targets of govemnt bends management so as toincrease the competitive capacity of government hands as a financial commodity and open up channels to secure monetary supply for government hands market.