floating debt

At present, there are two benchmark rates of floating rate debt, one year fixed deposit rate and 7-day repurchase rate, in China.

中国目前浮息债券基准利率有一年期定期存款利率和7日回购利率两种。

The corporate governance effect of floating debt is bad, the rate of floating debt is too high, it should increase rate of long term debt.

流动负债的公司治理效应的恶化更为严重，流动负债的比例过高，应加大长期负债的比例。

One proposal advocated at the meeting for diversifying the base of investors would entail the Treasury issuing new securities, including callable debt, ultra-long bonds with maturities of up to 100 years and floating rate debt, on which payments to investors would rise and fall with inflation.

会议上提出了一项实现投资者构成多样化的提案，包括由财政部发行新证券，包括可赎回债券、期限长达100年的超长期债券，以及利息跟随通胀涨跌的浮动利率债券。

Financing strategy: The capital structure has no difference between trades; the structure in debt is obviously prone to floating debt financing; the financing channel is narrow.

融资战略：资本结构不存在行业差异；负债结构有明显的短期债务融资倾向；融资渠道狭窄。

The choice about benchmark rate of floating rate debt decides directly the value of floating rate debt.

浮息债券基准利率的选择直接决定了浮息债券的投资价值。

The structure in debt is obviously prone to floating debt financing;

负债结构有明显的短期债务融资倾向；

However, the preferred financing sequence in China is stock financing, floating debt financing, long-term debt financing and internal financing.

由于种种原因，我国的融资顺序表现为股权融资、短期债务融资、长期债务融资和内源融资。