交易品种进一步丰富,利率曲线明显下移——2020年上半年利率衍生品市场回顾和展望  

Trading Varieties Further Enriched and Interest Rate Curve Dipping Markedly--Review and Outlook of Interest Rate Derivatives Market in H12020

作　　者：刘申燕[1] 

机构地区：[1]上海银行金融市场部

出　　处：《中国货币市场》2020年第7期34-36,共3页China Money

摘　　要：2020年上半年,利率衍生品市场从交易品种、交易主体、市场活跃度看进一步壮大,以利率互换为代表的衍生品规模同比持续增长,价格曲线较去年同期明显下移。下半年,预计人民币利率衍生品市场将进一步增强与各类金融市场的联动协同,互换曲线中枢整体较上半年抬升。In the first half of 2020,the interest rate derivatives market has been further strengthened in terms of trading varieties,participants,and market activeness.The scale of derivatives represented by IRS has continued to expand year-on-year,and the interest rate curve has shifted downward significantly as compared with the same period of last year.Looking into the second half of the year,it is expected that the synergy between the RMB interest rate derivatives market and the various financial markets will be further strengthened,and the overall swap curve pivot will shift upward from the first half of the year.

关 键 词：交易主体 利率互换 金融市场 利率衍生品 持续增长 交易品种 利率曲线 价格曲线 

分 类 号：F832[经济管理—金融学] F822