本轮宏观调控对票据业务的影响

The impact of the current round of macro adjustment on paper business

在本轮的宏观调控中,银行业出现了两种独特的现象:贷款趋同严重,短期贷款长期占用。银行的票据业务在这种背景下经历了"甩卖—抢票—稳定"三个阶段。展望今年的票据业务,将会较往年相对平稳,央行如果采取利率工具,短期内不会对票据市场造成太大的冲击。

In the current round of macro adjustment,two unique phenomena have appeared in the banking industry:loans are following a similar trend;and short-term loans are being used in a long-term manner.Under these circumstances,bank acceptance business has experienced fluctuating supply and demand,and finally reached equilibrium.Looking at the coming months,the paper business will be more stable than previous years;and if the central bank uses interest rate instruments,it will not have a great influence on the paper market in the short run.