By tradition, they divide by 360, not 365, and so you understand that dealers of Treasury bills tend to quote "discounts."

习惯上他们除以360,而不是365,国库券的经销商,习惯于谈论"贴现"

耶鲁公开课 - 金融市场课程节选

you know, like, paying bills and setting up cable, and you know, talking to doctors.

比如，支付账单，开通网络，还有去找医生看病。

帮助多文化的家庭 - SpeakingMax英语口语达人

At the February 14th auction, Treasury bills were-- sixty-day treasury bills were sold and the auction price is given.

在2月14日的拍卖中,卖出了60天期国库券期,这里给出了拍卖价格

耶鲁公开课 - 金融市场课程节选

like the healthcare bills? Just, it's terrible.

我们的健康检查单？想想就知道数目可怕。

吃有机食品 - SpeakingMax英语口语达人

I didn't have any bills, I didn't have any family, what was the risk?

我又不是拖家带口的，有什么风险啊？

斯坦福公开课 - 微软CEO-Steve.Ballmer谈科技的未来课程节选

And nobody knows, nobody believes that we can cut spending, right? -Somebody down the road has to pay the bills Somebody down the road has to pay the bills, either by cutting spending, cutting benefits or raising taxes.

而几乎没人相信,政府能够成功节流，不是吗？，-那总得,有人来埋单啊,迟早要有人来为此埋单的，要么精简政府开支，削减福利，要么增税。

斯坦福公开课 - 经济学课程节选

Treasury bills in the United States are limited to one year out; well, that's the name of it.

美国短期国库券最长为一年,这也是它名字的由来

耶鲁公开课 - 金融市场课程节选

And a dealer--what a dealer does is it maintains an inventory of, in this case, treasury bills and then it stands ready to buy and sell.

中间商所做的是,囤积各类国库券,随时准备交易

耶鲁公开课 - 金融市场课程节选

Now, these are different from bills, as I emphasized, because they pay interest.

他们不同于短期国库券之处,是要支付利息

耶鲁公开课 - 金融市场课程节选

I'm talking about four-week Treasury bills; 2.25% the Federal Funds Rate is still at 2.25% but at least the more prominent three-month T-bill rate is at the end.

我在谈论月国库券；,联邦基金利率仍在%,但是至少显著地,季度国库券利率还在最低端。

耶鲁公开课 - 金融市场课程节选

When the Treasury in the United States sells Treasury bills notes and bonds they deal almost exclusively or we say primarily--with broker-dealers not the general public.

当美国的财政部,卖出国库券，票据，债券时,他们几乎是私下交易的,或者说首先与经纪自营商交易,而不是大众市场。

耶鲁公开课 - 金融市场课程节选

Either in treasury bonds or treasury bills.

购买长期国库券还是短期国库券呢

耶鲁公开课 - 金融市场课程节选

So we have--U.S. Government issues bills and that's less than or equal to one year and they pay no interest.

美国政府发行的短期国库券,期限通常小于或等于一年,且不付息

耶鲁公开课 - 金融市场课程节选

Treasury bills are for serious investors and so they don't come in small denominations.

国库券是面向专业投资者的,所以他们不以小面值出现

耶鲁公开课 - 金融市场课程节选

They can't sell them to get money so the Fed is saying fine we'll just take those and we'll give you Treasury bills which are completely everyone trusts them.

他们不能够卖掉资产来获取金钱,所以美联储说，好吧，我们拿走你的资产,给你完整的国库券,每个人都相信他们。

耶鲁公开课 - 金融市场课程节选

But, when you move from lending money to the government -either short-term with bills or longer term with bonds -to investing in the equity market, there's a stunning difference in terms of the returns.

当你转变投资方式,从借钱给政府,即通过短期债券或长期债券的形式,变成投资于股票市场,回报率的差别会大到让你吃惊

耶鲁公开课 - 金融市场课程节选