货币掉期业务的新趋势与市场前景  

New trends and market prospects of cross-currency swap transaction

机构地区：[1]中国外汇交易中心市场一部

出　　处：《中国货币市场》2017年第3期21-24,共4页China Money

摘　　要：我国银行间货币掉期交易推出以来，受市场基础还较为薄北、期限结构未与国际市场接轨等因素影响，与发达金融市场相比还存在一定差距。当前，随着债券发行国际化、人民币纳入SDR篮子和利率市场化改革等的推进，境内货币掉期交易迎来了新的发展机遇。文章展望了我国银行间货币掉期业务的发展前景。Since the launching of the cross-currency swap transaction in the interbank market, China＇s swap market has been agged behind as compared with developed financial markets due to facts including a comparatively weak market base and a term structure not in line with the global market. At present, with the globalization of bond issuing, the inclusion of RMB into the SDR basket, and the advancement of market-oriented reform of interest rates, the onshore cross-currency swap market is meeting a new opportunity for development. The essay offers an outlook of the development of China＇s interbank cross-currency swap transaction.

关 键 词：货币掉期交易 掉期业务 市场前景 利率市场化改革 国际市场接轨 市场基础 因素影响 期限结构 

分 类 号：F832.63[经济管理—金融学]