Interest Rate Market And The Ccb Strategy

First this text explain the intension of a market-orientated interest rate regime and develop proceeding of management system of interest rate from freedom to control to market-orientated, review the development of theory of interest rate determined , advances that market-orientated interest rate is direction of reform of finance, "theory of finance deepen" supply theoretical basis. Also give a analysis of factor affecting interest rate.The second chapter introduce successful case of reform of market-orientated interest rate, and two unsuccessful case of reform of market-orientated interest rate. Contrasted study the cases , summarizes seven revelations for reform of market-orientated interest rate in China.The third chapter review the progress report of reform of market-orientated interest rate in China, make a prospect of reform of market-orientated interest rate in China, forecast a timetable of course of reform of market-orientated interest rate in China.The fourth chapter introduces four kinds interest rate risk: Mismatch Risk, Basis Risk, Option Risk, Yield Curve Risk. Introduces Gap Analysis and Duration Analysis.The fifth chapter introduces five kinds opportunities and five kinds challenges that bring to CCB by reform of market-orientated interest rate.The main creative points of this paper are :1 , The forecasted timetable of course of reform of market-orientated interest rate in China in the third chapter.2 , Build on past achievements of Gap Analysis, introduce the measurement model of Duration Analysis to measure the interest rate risk in the fourth chapter.3, Combine theory with the reality of CCB, Analyse the main seven problem that CCB should resolve to reform of market-oriented interest rate. And put forward ten proposals to make CCB do better in reform of market-oriented interest rate...