The Research Of Designing A Boc Personal Exchange Financial Product

Foreign exchange reserves in our country is huge, will transform Tibetan Tibet in State Meeting the people need to explore ways to apply more foreign exchange. For ordinary residents, buying individual foreign exchange financing products in favor of value preservation of the property; and for commercial banks to carry out personal foreign exchange wealth management business is an important means of its revenue model change. Select the Bank of China as the object of this article, the design study of individual foreign exchange financing products.This paper reviews current research and analyzes related issues to the existing foreign exchange financing products designed for the study focuses on the pricing of the product design, while ignoring the complete process of product design should have. Based on the analysis of existing individual foreign exchange financing products on the domestic market status of working, a comprehensive analysis of all types of foreign exchange financing products, consider the external environment and customers, banks need economic and policy for individual foreign exchange financing product design, so in order to design in line with the market. In the specific product design process, from product positioning this article the term structure, investment direction, the product structure design, selection Underlying gradually, to finalize the design of a guaranteed income-floating exchange rate-linked individual foreign exchange structured financial products and Monte Carlo method for product pricing. This design of Bank of China, individual foreign exchange financing in US dollars zero-coupon bonds and the dollar against the yen exchange rate is linked to the subject, under certain conditions, be able to obtain a higher yield compared to the interest rates on deposits, but also risk-return to zero. In this paper, the design of the final product is targeted customer marketing program analysis and recommendations for the Bank of China product risk control measures to protect the design of the product can get a good run in the market.