So, the bid price is the--they don't do it in terms of price, they do it in terms of discount so the bid discount rate- there would be two numbers for each.

出价,往往不以报价的形式出现,而是以折扣率,出价的折扣率,有两个相关的数字

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Normally, when you have a dealer, the dealer has a-- when we talk in terms of price the dealer has an ask, which is higher than the bid.

一般来讲,当你和中间商交易的时候,如果以价格形式谈论,中间商的买入价,会比卖出价高

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