| Commercial banks are an important part of the development of China’s market economy and play an important role in promoting innovation and socio-economic development of China’s financial sector.At the Fifth National Finance Working Conference,China fully affirmed the importance of direct financing and the need to increase the amount of social investment as much as possible.The development of the national economy also provides more opportunities for the development of China’s financial markets.In recent years,under the background of interest rate marketization,the interest profit margin of traditional credit business becomes narrower and narrower,and bonds gradually become the key asset of commercial banks when they carry out investment and financing activities.The development of bond business has become another cornerstone to improve the comprehensive competitiveness of commercial banks.With the rapid development of the bond business of commercial banks,the risk problem becomes more and more prominent with the rapid increase of bond trading volume.Bond prices have been volatile due to the sudden emergence of the new coronavirus pandemic in 2020.Because commercial banks are constrained by market size and their own institutional system,it is urgent for commercial banks to pay attention to the risk assessment of bond business in the face of many external factors,so as to provide a vital reference for risk avoidance.While expanding the scale of bonds and healthy business development,commercial banks should be more rigorous and prudent in the risk management of debt business.Firstly,the paper combs the current situation and existing risk problems of the commercial bank’s bond business.Secondly,the risk evaluation model based on analytic hierarchy process(AHP)is established,and the real bond business of A bank is analyzed as a case.The conclusions of this paper can be used for reference in the bond business risk assessment of local commercial banks. |
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