Research On The Interest Rate Risk Management Of Z Bank Under The Marketization Of Interest Rate

The marketization of interest rate is a product of financial liberalization, it improve the efficiency of financing, pricing mechanism of financial institutions, the construction standard of financial market environment, monetary policy transmission mechanism of the formation of micro forming has an important significance. The interest rate marketization reform in China began in1978, but the progress of reform before1996is very slow, since the beginning of1996China’s reform of the interest rate regulation can promote the rapid. To deregulate interest rates, interest rate pricing by the market gradually realize the right of control, bring many benefits to the commercial banks are also accompanied by many serious risks, including interest rate risk is particularly serious, therefore the bank institution are facing new challenges in the management of interest rate risk.Compared with other foreign countries of market-oriented interest rate reform, China’s interest rate marketization reform because of the political system, economic situation, market structure and other aspects of the reasons, the marketization of interest rate and other countries of the marketization of interest rate is not exactly the same. Therefore, in our country in the background of interest rate liberalization, commercial bank interest rate risk management, can not copy foreign management methods, also can not ignore the foreign management methods. Under the background of marketization of interest rates, commercial bank interest rate risk is widespread, but in the long-term control of interest rate, the Commercial Bank of our country not only in the degree of importance of interest rate risk management have some shortcomings, in the interest rate risk measurement and management tools is very lack, commercial banks need to learn from the advanced experience of foreign countries, to prevent and avoid interest rate risk based on its own characteristics by appropriate methods, reducing the interest rate risk losses. Therefore, this paper focus on the actual situation in market interest rates in China, according to the structure of the financial system and the environment in China under the marketization of interest rate factors, causes, characteristics of Z bank’s interest rate risk interest rate market analysis, combined with the foreign advanced interest rate risk management methods, the use of interest rate risk measurement methods of interest rate risk measurement and analysis of Z bank in2013semi annual report related data, the management of interest rate risk seeking ways suitable to the real demand of the. Found through research and analysis, the Z bank in the reform of China’s interest rate market, the risk management system of interest rate marketization did not follow the pace of reform, there are some defects in the interest rate risk management, it is necessary to strengthen the risk management of interest rate risk prevention mechanism, establish effective interest rate risk, and international rail use management method of modern financial enterprises to increase the interest rate risk management ability, bound to get rid of the traditional thoughts and ideas.