金融资产管理公司如何处置信用债违约  

The Processing Methods towards Credit Default by Financial Asset Management Companies

作　　者：王飞[1,2] 徐昭[1,3] 贾晓雯[4] Wang Fei;Xu Zhao;Jia Xiaowen(Postdoctoral Research Workstation, China Hua Rong Asset Management Co., Ltd.; Postdoctoral Workstation, School of Finance , Renmin University of China, Beijing 100033;Postdoctoral Research Workstation, China Hua Rong Asset Management Co., Ltd., Beijing 100033; Postdoctoral Workstation, Economic and Management School, Wuhan University,Wuhan 430072;China Banking Regulatory Commission, Beijing 100140)

机构地区：[1]中国华融资产管理股份有限公司博士后科研工作站 [2]中国人民大学财政金融学院博士后科研流动站,北京100033 [3]武汉大学经济与管理学院博士后流动站,武汉430072 [4]中国银行业监督管理委员会,北京100140

出　　处：《开放导报》2017年第2期89-93,共5页China Opening Journal

基　　金：2012年国家社科基金重大项目"我国发展实体经济的战略;政策和制度研究--基于实体经济与虚拟经济数量关系的视角";牡丹江师范学院博士科研启动基金项目"FDI;金融发展和中国出口竞争力研究"(MNUB201412)

摘　　要：在经济下行压力增大和供给侧改革背景下,信用债违约事件大幅增加。目前去产能尚未结束,违约还未见底并将加速暴露,违约债券的增多为金融资产管理公司充分挖掘违约债券内在价值和寻找价值洼地提供了机会。本文分析了信用债违约的原因和救济途径,以及信用债违约过程中面临的问题与对策,对金融资产管理公司在信用债违约市场上开展相关业务提出了建议。Under the pressure of the economic downturn and supply side reform background,substantial credit default events increase.Because address overcapacity is not over,the breach has not yet bottomed out and the exposure of the credit default will accelerate,and the increasing of the credit default provides an opportunity for the financial Asset Management Company to fully exploit the intrinsic value of default bonds and look for the value of depression.This paper makes analysis of the reasons and remedies of credit debt defaults,gives the problems and the countermeasures in the process of solving the credit debt default,and finally puts forward suggestions for financial Asset Management Company to carry out related business of financial market in credit debt default.

关 键 词：信用债 信用债违约 金融资产管理公司 

分 类 号：F832.39[经济管理—金融学]