The Sub-Committee concluded that the current system was working effectively and that it was not necessary to introduce a strong-side convertibility undertaking for the time being.

委员会总结认为现行的制度行之有效，暂时无需在汇率偏强水平引入兑换保证。

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Two major planks of the technical measures are the provision of a Convertibility Undertaking in respect of the Aggregate Balance and modifications to the Discount Window facility.

技术性措施的两个主要范畴是提供总结馀兑换保证，以及修订贴现窗机制。

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Members examined the possible theoretical advantages of a two-way Convertibility undertaking and noted that a number of other Currency Board systems had such an undertaking in place.

委员会研究了双向兑换保证理论上的好处，也获悉多个其他货币发行局制度也有这种承诺。

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