STRIPS is a bond variety that can disperse market risk, improve market liquidity arid enhance effectiveness for traders.

Review of Recardian Economic Effect of Government Bonds;

Economic Analysis of the Post-war Japanese Government Bonds;

In this paper, the dealing risks about the secondary market of government bonds are introduced.

Strengthening cost work of water resources projects and raising investment benefit of national debt projects;

The Analysis on the Issuance of National Debt and Inflation;

Analysis on the Interest Rate Term Structure of the National Debt Based on Polynomial Spline Functions;

The Paper summarizes and compares the variant aspects of the national debts between China and Japan, which includes category institution, issuance pattern, repayment of capital with interests, and so on.

The risks of national debts are mainly reflected in whether the financial resources of the country can meet the scale of the debts.

But with the ever increasing volume of the public debt develops the concern about the crowding-out effect of the debt on private investment.

In order to give a correct and objective judgment on the reform of Russian public debt management,the experience of the management in Russian empire period should be given importance to.

Empirically Numerical Research on Treasury Bonds Term Structure;

This paper investigates the optimal investment portfolio with stock,defaultable zero-coupon bond,treasury bond and money market account when the investor faces default risk.