论升息周期中商业银行资产负债期限管理的策略选择

Study on Strategic Option of China's Commercial Banks' Asset and Liability Time Limit Management in the Increasing Interest Rate Cycle

随着我国宏观经济进入新一轮增长周期,央行结束了8年以来的降息策略首次加息,预示着我国开始进入升息周期。在此之前,我国商业银行已经形成了适应降息周期的资产负债期限结构,这种期限结构将给处于升息周期中的商业银行带来巨大的利率风险,对此,我国银行应选择正确的资产负债期限管理策略。

Alone with China's macro-economy come to a new development stage, central bank concluded reducing interest rate strategy in the past 8 years, and increased interest rate for the first time that indicates China is entering a increasing interest rate cycle. However, in the past 8 years, China's commercial banks' asset and liability time limit structure has adapted to a interest rate decreasing cycle. As a result, China's commercial banks are facing great interest rate risk. This paper put forwards strategies banks in China should use.