The real puzzle is how fis such as depository institutions can offer highly liquid and low price - risk contracts to savers on the liability side of their balance sheets while investing in relatively illiquid and higher price - risk securities issued by corporations on the asset side 真正不好理解的是在投资于由房地产公司发行的相对流通性不高价格风险又很高的债券时,像金融中间人这样的存款机构在背负偿还负债的义务下是怎样向储户提供高流通性低价格风险的合同的呢?