Mirroring this , the interest rate differential between the hong kong dollar and the us dollar remained negligible , particularly at the short end of the money market 同样地，这段期间港元与美元的息差仍然极小，其中以短期资金的情况更为明显。
But even if the money markets are looking less sick , the full repercussions of the financial seizure are starting to be felt in the wider economy 但即使是货币市场看起来没有那么病怏怏了，但这次的财政检正的不良影响已经开始全面波及更广泛的经济面。
Treasury bond interest rates marketlize firstly , so that treasury bond interest rates connect the money market interest rates , advanced interest rate marketlization 国家利用招标、拍卖的形式发行了大量国债,使货币市场与债券市场联通,初步实现了利率市场化。
This flexibility will enable the hkma to pre - empt any gridlock in the payment system that could arise due to excessive tightness in the money market prior to the normal opening of the window 这项灵活的安排让金管局能防止支付系统因货币市场资金紧绌而出现延误。
Thereafter , despite occasional commercial selling orders of hong kong dollar that caused brief tightening in the money market , the hong kong dollar exchange rate remained stable 自此以后，虽然偶尔因商业活动而出现港元沽盘，导致货币市场短暂紧绌，但港元汇率仍然维持稳定。
Helped by a greater assurance of day - end liquidity through the discount window , the money market reacted calmly and in an orderly manner to the liquidity shortage 由于贴现窗为银行借取日终流动资金提供较大的保证，货币市场对资金短缺的反应显得平静及有秩序。隔夜港元银行同业拆息由5
The sub - committee considered proposals to increase the supply of liquidity to the money market to relieve possible market tightness arising out of year 2000 positioning 委员会审议了增加货币市场流动资金供应的建议，以减轻因市场人士就电脑二千年问题采取的措施而可能引致市场出现紧张的情况。
The latter included late transfers of funds , a drawing down of overdrafts , or a sudden liquidity shortage in the money market arising from an outflow of funds from the hong kong dollar 后者所指的不时之需包括延迟转拨资金取用透支信贷，以及因资金从港元流出而引致货币市场流动资金突然紧缩。
The capital market can be contrasted with other financial markets such as the money market which deals in short term liquid assets , and derivatives markets which deals in derivative contracts 资本市场是一种市场形式，而不是指一个物理地点，它是指所有在这个市场上交易的人、机构以及他们之间的关系。
Therefore , how to develop and perfect the money market of our country so as to improve efficiency of monetary policy transmission by money market is an urgent subject to be studied in economic field 因此，如何发展和完善我国的货币市场，从而提高货币市场传导货币政策的效率，是经济领域急需研究的课题。
