Analysis On The Risks And Countermeasures Of Chinese Commercial Banks' Bond Investment

In recent years,bond market has been mature with the development of financial markets in China,and then the bond became the one most importand configuration product in daily asset allocation of Chinese commercial bank.Because the bond itself has the properties such as high liquidity and higher flexibility,and these properties apply to commercial Banks in minimize risks and maximize profits the management objective,so the bonds is very exciting and popular in commercial Banks.At present,our commercial banks to increase continuously bond assets,and bond investments to draw as a vital business.In the premise of controllable risks,Bonds investment to be coordinated with commercial banks' condition,and is required for investment purposes and profit,therefore the commercial banks has to faced the same problem together that is how to prevent the bond investment risk.This paper will overview the current situation of the bond investment in commercial banks first,introduce the main varieties of bond and the type of bond market in investment business of commercial banks in China,by analyzing the proportion of bond investment and income proportion of bond investment in commercial banks in recent years,have intuitive knowledge of bond investment business of commercial banks,in addition,it puts forward the problem that the commercial banks in China pay much attention to the risk of the bond investment.Through the assessment of the risk of the bond investment,it shows that the bond investment risk has great influence on the commercial bank's bond investment,and the commercial banks should pay attention.Secondly,analyzes the main risks facing of chinese commercial bank bond investment and the related factors that affect the investment risk,including the macro-monetary policy,the internal factors of commercial banks,the situation of the financing enterprises themselves and the systemic factors.Finally,the countermeasures to reduce the investment risk of commercial banks in China are discussed,including the following aspects: taking the risk of investment,taking the risk,Appropriate positive and defensive bond investment strategies should be adopted to deal with market risks,use of asset structure adjustment and portfolio term management to deal with liquidity risk,to establish credit evaluation and response credit risk,to establish a perfect operation system and liquidation system to deal with operational and liquidation risks.