论我国国债期货市场的发展——从发达国家金融市场利率期货的发展经验谈起

文章简单回顾了中国国债期货试点的经历及其失败的原因，总结了发达国家金融市场开展利率期货的经验，认为一个健全的国债期货市场应具备三个条件，因此认为重启国债期货的条件还未成熟。

The development of bonds futures in china based on the experience of Interest rate futures transaction in developed financial markets countries

Based on a simpie review of the development of national bonds futures in China and an analysis on the reasons why it failed, this paper presents an analysis on the development experience of interest futures in developed financial counties, including developed bonds spot market, liberalization of interest rate, perfect system circumstance which give a great importance to bonds futures in China. Recently, the demand for resuming the bonds futures is increasing. Through analysis on the feasibility of resuming the bonds futures market now in China, we think the conditions for resuming the bonds futures do not mature and it should be given rational judgement.