商业银行利率风险管理

Managing interest rate risk in commercial banks

利率风险贯穿于银行资产和负债业务经营活动的全过程,它主要通过资产负债期限错配风险、收益率曲线风险、变动差异风险和内含选择权风险实现。在我国,随着利率市场化的推进,商业银行面临的利率风险已有所显现,银行应实行以利率风险为中心的资产负债管理,加强资金运作效率。

Interest rate risk permeates the entire process of a bank's asset-liability business operations,and is embodied in asset-liability maturity mismatch risk,yield curve risk,variation risk,and embedded option risk.Commercial banks in China now face these risks,as the reform has opened interest rate to market influence.Therefore,commercial banks should carry out interest rate risk-oriented management on assets and liabilities,and strengthen fund operation efficiency.