tax bond

Mr Eerdmans said foreign investors could evade the tax by buying interest rate swaps or offshore global bonds instead, while foreign banks are now offering tax-free fixed income transactions linked to local bond rates.

文彼得表示，外国投资者可通过购买利率互换或离岸全球债券规避此税，而外国银行现在也正在推出与当地债券利率挂钩的免税固定收益业务。

Tax advantage of bond financing

债券筹资的纳税优势

The trend began in the 1960s, when US tax reform inspired the creation of the offshore eurodollar bond market.

这一趋势始于上世纪60年代，当时美国税收改革促使离岸欧洲美元债券市场创建。

Outside the system of the old-age insurance, the main methods of solving the Implicit Pension Debt have realizing state-run assets, adjusting expenditure structure of finance, levying old-age insurance tax and issuing approval bond.

养老保险体制外解决隐性债务的主要方法有变现国有资产、调整支出结构、开征养老保险税和发行认可债券。

According to the tax system of the security market in our country, it should be the tax policy of encouraging bond financing, in fact but plays an opposite role, a great deal of tax policies of hindering capital from disposing effectively exist at the same time.

从我国的证券市场税收制度安排来看，本该是鼓励债券融资的税收政策，实际上却起到了相反的作用，同时也存在诸多妨碍资本有效配置的税收政策。

Over-Saving, Compulsory Saving and Tax-Bond Issue

自愿储蓄、强制储蓄和税收-债券发行安排&三种社会保障机制的比较研究

Due to different investors having different tax rate, whether there is tax effect in the bond market is an important issue.

通过实证比较分析，发现我国银行间债券市场收益率曲线存在税收效应。