Among these channels, stock is the hottest market with high revenue and good liquidity premium.
而众多理财管道中,以报酬率高, 变现性佳之股票市场最为热络.
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That has driven down the liquidity premium in the bond market nd pushed yields lower.
那已降低了债券市场上的流动性溢价(使得产量更低).
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本文采用Pratt-Arrow 对风险溢酬的度量方法,分析了有投票权和无投票权股票的流动性风险溢酬.
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That matters for managers of central-bank reserves, he says, who place a premium on liquidity.
他说,这会影响央行储备管理者的决策, 因为他们很重视流动性.
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