利率市场化进程中的利率风险管理_武剑.pdfVIP

FINANCE 2003/ 2197 ECONOM ICS = [ ] 当前, 我国利率市场化已步入实质性阶段从长远看, 利率市场化有利于商业银行建 立现代 融企业制度, 是 融改革的必由之路; 但从短期看, 对银行的财务效益和资产质量将产 生较大冲击为此, 商业银行应充分利用当前过渡时期, 强化风险定量分析的技术手段, 建立科 学的产品定价体系, 推行以利率风险为核心的资产负债管理模式; 同时, 大力发展中间业务, 全 面倡导 融创新, 以积极方式进行利率风险的化解与防范 [Abstract] It is no doubt that liberalizationof interest rate system in China will be put into effect inthe near future. Inthe long run, it will surely pushforward the modernizationand reformof china. s bank- ing system. ut in the short term, it will probably have some serious influences on banks. profitability and safety. Therefore, china. s commercial banks should take effective measuresto deal withthe re-l evant problems caused by this kind of reforms beforethe liberalization of interest rate comes true com- pletely. The domestic banks should continuously improvethetechniques for risk quantification, estab- lisha sophisticated systemfor pricing productsand implement ALMfocusing on interest rate risk man- agement. Meanwhile, they must expand the intermediary business and make financial innovations as muchas possible inorder to pre- control and mitigate the risk of interest rate. [ ] 利率市场化 ( Liberalization of Interest Rate) 利率风险 ( Interest Risk) 商业银行 ( Commercial ank) [ ] F83210 [ ] A [] 1000 - 8306 ( 2003) 02- 0058- 06 : , , 100036 当前, 我国利率市场化已步入实质性阶段, 根 立起有效的利率风险管理体系 据人民银行总体部署, 其基本顺序 : 先外 币, 后本币; 先存款, 后贷款; 先农村, 后城市,