理顺和规范Shibor决定机制的思考  

Discipline Shibor Formation Mechanism

作　　者：胡海鸥[1] 赵慈拉[2] 

机构地区：[1]上海交通大学经济与管理学院,上海200030 [2]中信银行上海分行,上海200002

出　　处：《上海金融》2008年第9期30-33,共4页Shanghai Finance

摘　　要：由于目前Shibor与存贷款利率之间没有稳定联系,因而它还不能算基准利率。发挥Shibor的基准利率功能是推进利率市场化的关键,而要规范和完善Shibor的功能,则不能只关注Shibor操作的本身,更要分析决定Shibor的变量所处的状态,以及Shibor在利率体系中的地位,只有消除造成Shibor扭曲的变量,并使Shibor处于核心主导地位,Shibor才能成为调控利率体系的基准利率。In the process of market-oriented interest rate reform, launching Shibor as the benchmark interest rate is the key step. To do that, we should closely examine all the factors that could possibly affect Shibor, and cor- rectly measure the role of Shibor in current interest rate system. Only when the factors that contort Shibor formation are erased, will Shibor be the benchmark interest rate in our interest rate system.

关 键 词：SHIBOR 基准利率 同业拆借利率 

分 类 号：F821[经济管理—财政学]