| 1. | As for the commercial banks, credit derivatives are the appropriate new products to meet this need, which are new tools for managing credit risk, mainly including credit default swap, total returns swap, credit linked notes and credit default option etc . this paper is written to introduce this new instrument to china, discuss the environment and conditions in china for the development of credit derivatives, and provide suggestions for it
对商业银行来说,信用衍生产品正是为了满足商业银行的这种需要应运而生的,是一种新的管理信用风险的工具。目前,我国商业银行面临的最大的风险莫过于信用风险。并且,根据我国加入世贸的承诺,我国金融业将于2006年12月11日向外资金融机构全面放开,届时,外资银行将和中资银行站在同一个起跑线上展开竞争。 |
