| 1. | Treasury bills are about as safe an investment as you can make
短期国库券是你能做出的最安全的投资。 |
| 2. | Therefore , they require a higher return from the market portfolio than from treasury bills
所以，他们要求从市场投资组合得到一个比短期国库券更高的回报率。 |
| 3. | In figure 8 . 7 we have plotted the risk and expected return from treasury bills and the market portfolio
在图形8 . 7中我们标出了短期国库券和市场投资组合的风险和期望回报率。 |
| 4. | There is no risk of default , and their short maturity means that the prices of treasury bills are relatively stable
其没有违约风险，它们较短的到期意味着短期国库券的价格是相对稳定的。 |
| 5. | 9remember that the risk premium is the difference between the investment ' s expected return and the risk - free rate . for treasury bills , the difference is zero
9记住风险溢价是投资的期望回报率和无风险利率之间的差额。对短期国库券来说，这一差额为零。 |
| 6. | In fact , an investor who wishes to lend money for , say , three months can achieve a perfectly certain payoff by purchasing a treasury bill maturing in three months
事实上，一位希望借出三个月资金的投资者可以通过购买在三个月内到期的短期国库券得到完全确定的收益。 |
| 7. | Treasury bills , debt securities and exchange fund bills and notes are valued at the closing mid - market prices of the last business day of the year quoted on the respective securities markets
短期国库券债务证券和外汇基金票据及债券均按会计年度最后一个营业日有关证券市场所报的收市中位价估值 |
| 8. | Reason 3 during the second half of the 1990s u . s . equity prices experienced a remarkable boom , with the annual return averaging nearly 25 percent more than the return on treasury bills
理由3在二十世纪九十年代的后半段期间，美国股票的价格经历了一次令人瞩目的暴涨，其年回报比短期国库券的回报平均高近25 % 。 |
| 9. | This tightening drove up the short - end of the us treasury yield curve . however , the long - end of the curve remained largely steady as the higher energy prices apparently did not trigger any inflation expectation
收紧货币政策促使美国短期国库券收益率上升，但由于能源价格上涨似乎并无触发通胀预期，因此长期国库券收益率大致维持稳定。 |
