中期票据采用平价发行，按照固定收益证券的定价原理，平价发行的债券定价，实质上是票面利率的定价，即确定中期票据发行日的到期收益率。
According to the principle of fixed income securities pricing , pricing a bond with parity is essentially determining its ' coupon rate which is also yield to maturity on issue day .
平价发行