Influencing Factors Of Commercial Bank Interbank Discount Commercial Bills Of Exchange Rates

Commercial bill is a new type of financial business, can help commercial banks in a short period of time to expand the source of profit, to promote the optimization of the allocation of credit resources to expand the bank customer resources. In recent years, due to the rapid development of the business of commercial bills market, competitive environment in the industry more intense, in order to obtain more economic benefits, many financial institutions will commercial bill of exchange rates as a means of competition. At the same time, the people’s Bank of China on the adjustment of the macro monetary policy also has a significant impact on the commercial bill market interest rate movements.Current with the continuous development of commercial bill market, some uncertain factors caused by the risk began to cause people attention, how to regulate and maintain the healthy and stable operation of the commercial bill market to become the national regulatory layer and commercial banks are highly concerned. This paper of commercial bills market the laws of changes of interest rate and its influencing factors were in-depth analysis, and to explore the influence of commercial bill of exchange rates using Shibor and other factors, and this empirical analysis, finally proposed commercial bills of exchange discount market development strategy. Through the analysis of this paper, it can provide a reference for commercial banks to transfer the discount business, which has strong practical significance and theoretical value.In this paper, through the empirical analysis found Shibor3 M, money market interest rates, credit scale and the discount rate are of commercial bill rediscount rate produced great influence, is the commercial banks in the rediscount business posted rate is now forecast to provide theoretical support.