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“CD、同业理财、委外”模式是近几年债市机构投资者重要的资dj31来源渠道，在CD被纳入“同业负债1/3”规则考核的过渡阶段，CD的发行量预计会受到明显抑制，直到各银行CD规模降至比例要求以内，之后的发行才能重新回5mMb与银行资产同步的正常增速上nS5M