China will carry balance management of national debt into execution in 2006, which certainly will influence the optimal issuance strategy of national debt.
从2006年开始，我国将实行国债余额管理，这将对国债发行产生重大影响。
Starting this year, China will follow standard international practices by adopting the method of outstanding balance management for its national debt.
从今年开始，参照国际通行做法，采取国债余额管理方式管理国债发行。
Based on balance management, this paper proposed an optimal issuance model of national debt in order to minimize the expected interest cost of portfolio of national debt.
基于国债余额管理提出了一个国债最优发行模型，以最小化所发行国债组合的期望利率成本。
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