The Empirical Study Of The Coordinated Development Of Commercial Bank And Bond Market In China

This article aims to study the debt financing of commercial bank how to affect the macroeconomic development ,and make a comparative analysis of the data . Sought to based on studying the commercial banking operations and proposing new financing methods. Enhance the profitability of commercial banks, improve the level of commercial banks, asset management. To form a reasonable mature inter-bank bond market is also a need for the government's macroeconomic regulation and control, explore the ways of the development of financial markets,for study the way to make China's macro-economic financial market institutions smooth development.The deepening of bond markets function make our financial institutions as the main body of de bond market, recalling the inter-bank bond market development,the patter of commercial bank profit is continue changing.With the development of the financial markets,.Lessons learned from history is the only way to better develop the future financial markets. China's inter-bank bond market still needs to be improved. This requires us to understand our own shortcomings, therefore, this article focuses on the efficiency of markets, financing techniques, investment risks and other characteristics of the bond market,in order to conduct a comprehensive analysis of fixed-income operations.Commercial banking business is facing the changes and challenges, Because the macro market changes in the external environment,so it put forward higher requirements for the regulation of commercial banks, financing risks, liquidity, asset management, security.In this paper,I have studied this change process and the reasons, this model allowed commercial banks to become a macro-economic actors,this is what the commercial banks functional in macro-economic development.M1,M2,loan balance growth rate are all related with he central bank open market operations. The other hand, commercial banks, bond market business development are the internal factors, bond market development to promote the reform of financial institutions. Internal factors affecting the commercial banks, traditional asset-liability management, the two promote each other.It is because commercial banks and bond markets are complementary to such internal and external environment that makes commercial banks became the principal investors in China's bond market, make China's commercial banks'deposits and loans continuing increased, improve the profitability of commercial banks. The dependence of this new bound to give rise to demand for new financial products, lead to a new wave of financial innovation, next, this paper also innovative approaches to financial products discussed. In the bond business aspects of risk prevention, from the system is not sound risks, investors blindly risk, accounting risk, discussed the risk-hedging method of formation and use of various hedging instruments primarily to avoid risks.In the empirical test of bond market listed banks, I proceed from the actual data listed banks, aimed at the development of history to find out the commercial banks,bond business in promoting the contribution of macroeconomic development ratio,establish between the two equations, analysis of the model line-oriented,comparised the data with the United States and other developed areas in the bond market operations. From a macroeconomic point of view of growth of bonds business development,make us clearly sight of the future,the purpose more clearly. In the end of the article, analysis the bond business, investment strategy, strengthen market supervision,increase more bonds and varieties, only a mature secondary market could make commercial banks better development. All studies based on the premise that the macro-economic growth, a clear objective, the proposed fair is a major characteristic of this article.