Research On Term Structure Estimating Methods

This paper systematically introduces the interpolation and fitting meth-ods involved in the Term Structure Estimation, analyzes several static models that are commonly used at home and abroad such as Hermite interpolation and smoothing spline fitting, and makes supplements and amendments to the math-ematical principles involved in each model.This paper focuses on the Term Structure Estimation of domestic corporate bonds in the interbank market. Based on actual market data, this paper analyzes problems of each model that may be encountered in practice and makes some suggestions. The empirical part is based on Matlab programming, which reflect the characteristics of each model well.