A City Development Situation Of The Commercial Paper Market Research Report

The bill market as the foundation of a country’s financial market part, in the enterprise to broaden the financing channels, plays an irreplaceable role to improve the quality of credit assets of commercial banks and the central bank regulation of financial markets. With the continuous reform and development of China’s bill market impact of market economy, the bill market is growing. How to solve various problems emerging in the bill market, so as to promote the steady development of bill market in our country, it is necessary for us to pay attention to the problem.Firstly the research status of A, bill market are introduced, the overall level of development of A city bill business is low, Bill trading volume and the proportion of GDP is lower than the national average level, the commercial bank bill business development is not balanced, the rapid development of city commercial bank bill business. City commercial banks because of the unique "local advantage", coupled with the acceptance of credit right, and may independently arrange discount amount, set up directly bill center can help A enterprise is convenient, quickly for bill acceptance and discount, so its bill business alone big, affected the development of the bill market imbalance in A. A bill credit environment, mainly it is often seen. In the acceptance of malicious loss and the blank endorsement, there are illegal use of bill management loopholes illegal income. At the same time, A also has the use of bill business to avoid credit audit, civil discount mechanism to disrupt the bill market order, bill discount rate and the market discount, discount rate from the central bank rediscount window guidance, lost the role of. In the last part of this paper analyzed the current situation of A through the city of bill market, and put forward to promote the balanced development of the city of A bill business, to create a good credit environment is proposed, such as introducing market-making system, make the civil discount mechanism of sunshine, strengthen the supervision of private discount mechanism etc. The innovation of this paper lies in the detailed development of A city bill market as the research content, I list various problems of bill market emerged in the process of development and puts forward the solving measures, hope to realize the system of bill market and standardization of the contribution.