????:1??????????:??????

2?????

3??????

4??????????????

5?????????

????????????/??????

????:???????????????????(SFISF)??????????????????????????????;??

SFISF?550?

?????????????????????????2????????????????,???????,???????????????????????

???????,???????????????,???????2025??????????????????1????????????2?????????????????????550??,??????????,20??????????????????,?????????????????????????????30bp,?????????????????10bp,????????10bp?

??????????????????????SFISF??2024?????????????????10??,???500?????????????????,????????????,20??,??????????????50?????,??10??????????????????????,??????????????????????20???

?????????????????,SFISF????????????????,???????????,??????,??????????

???????500???

???????????????????????,???,???????????????,??(?????“??”)?

?????,???????????????????????????????2024??12????,??700????????????,??????200??500?,60%??,?,??????2%????????????????

???????

???????????????????,????????,2024????????,??2500??????????????????,??????,??????????????????????????????

??????????????,???????????????????,??10%,?????????????90%??,?????,????????????????????

??????????????,?,??????,????????????????????????,?????????????

?????,???????????,???????,?????????

?,?????????3??,??? ?????????:???????