摘要
在参照国外金融市场确定基准利率经验的基础上 ,分析了在中国目前管制利率下 ,以无风险、市场化和反映整个社会资金供求为标准 ,衡量并比较了金融体系中各类利率承担基准利率地位的合理性 ,提出了以银行间市场回购利率作为短期利率的基准 ,并对利用银行间现券市场的国债到期收益率作为长期基准利率提出了建设性构想。
Based on the experience in the benchmark interest rate established with the reference to foreign financial markets and the analysis of the current controlling interest in China, the rationality of the benchmark interest rate portions shared by various interest rates in the financial system has been compared with the non risk, marketization and social fund supply and demand as the criterion. Constructive suggestions are put forward with the purchase back rate in interbank market as the benchmark of short term interest rate and with the beneficial rate of the mature bond in interbank cash market as the long term interest rate.
出处
《北京航空航天大学学报(社会科学版)》
2002年第2期38-43,共6页
Journal of Beijing University of Aeronautics and Astronautics:Social Sciences edition Edition
基金
国家自然科学基金
加拿大麦吉尔大学联合资助项目 (79942 0 11)
航空基础科学基金资助项目 (0 0J5 10 61)
关键词
基准利率
银行间市场
交易所市场
benchmark interest rate
interbank market
exchange market