债券回购市场国际经验与对我国的借鉴.pdfVIP

money mARKeT bond mARKeT 货币市场和债券市场 债券回购市场国际经验及对我国的借鉴 International experience of repo market and its significance to China 蒋 睿 来升强 刘 婷 我国的债券回购市场以银行间债券回购市场为主导，近年来交易所回购市场呈现快速发展，债券回购市场成为金融机 构、非金融企业、个人等众多市场主体直接参与的金融市场，随着投资者数量及市场规模的扩张，应对债券回购市场 发展现状进行审视并寻求进一步完善。文章对国际主要回购市场的情况进行梳理，并提出完善我国债券回购市场的相 关建议。 The interbank repo market is the major part of China’s bond repo market, and the exchange traded repo showed fast development recently. The repo market becomes a financial market with multiple participants including financial institutions, non-financia