银行间债券市场做市商的行为分析  

Behavior analysis of market-makers in China's interbank bond market

作　　者：余辉[1] 

机构地区：[1]中国人寿保险公司资金运用中心

出　　处：《中国货币市场》2003年第2期25-27,共3页China Money

摘　　要：做市商制度有利于改善债券市场的流动性,维护市场稳定。笔者在文中对影响做市商做市行为的关键因素——做市成本和收益作出具体分析,并就提高做市商做市积极性提出了政策建议。Market-maker system is conducive to improving bond market liquidity and maintaining market stability. The author analyzes the key factors influencing the behavior of market-makers, which mainly include the costs and revenues of market making. He also puts forward policy proposals on how to increase market makers' incentives for market making.

关 键 词：做市商市场 债券市场 中国 银行间债券市场 做市商 

分 类 号：F832.51[经济管理—金融学]