Bond Market

英文名称：Bond Market 中文名称：债市

债市是发行和买卖债券活动的总和，是金融市场的一个重要构成部分。

e.g. Palash R. Ghosh has been writing about U.S. and international equity and bond markets for the past 17 years.

The environment in which the issuance and trading of debt securities occurs. The bond market primarily includes government-issued securities and corporate debt securities, and facilitates the transfer of capital from savers to the issuers or organizations requiring capital for government projects, business expansions and ongoing operations.

Most trading in the bond market occurs over-the-counter, through organized electronic trading networks, and is composed of the primary market (through which debt securities are issued and sold by borrowers to lenders) and the secondary market (through which investors buy and sell pviously issued debt securities amongst themselves). Although the stock market often commands more media attention, the bond market is actually many times bigger and is vital to the ongoing operation of the public and private sector.