公共债务管理与债券市场发展战略探讨

Public debt management and strategies for bond market development

该文对与政府公共债务管理密切相关的债券市场制度框架的建立、衍生工具运用、审慎监管和风险管理框架等战略问题进行了探讨,并指出新兴债券市场所面临的挑战,以期为我国的国债管理提供借鉴。

This paper discusses such strategic problems as the establishment of a bond market system framework closely related to public debt management,derivative instruments utilization,prudential supervision,and risk management framework.Then the paper points out challenges for emerging bond markets,attempting to offer references for China's government bond management.