国债现券与回购利差套利方法的实用性研究

国债回购具有类似于国债风险低、收益稳定、流动性高的特点,由于我国国债以及证券市场发展的不完善,在国债现券和回购之间长期存在着大约2%-3%的利差。利用国债现券与国债回购之间的利差进行无风险套利,既规避了金融风险,又充分利用了资金的使用价值,其收益远高于同期银行存款利率。在目前理财手段并不丰富的背景下,非常值得向投资者推荐。

Practical Research in Arbitrage Method of Interest Margin Between Bonds and Repurchase

Repurchase is similar to bonds with the characteristics of low risk,income stability and high mobility,because of the imperfectios in bonds and securities market for a long term,there exists about 2%~3% interest margin between bonds and repurchase.Using this interest margin for risk-free arbitrage not only avoids financial risk but also takes full advantage of fund value,getting much higher profits than bank deposit rates.It is worth recommending to investors in current environment without sufficient managing money means.