票据利率体系失衡的原因与调整设想

Causes of an unbalanced interest rate structure in the paper market and recommendations for modifications

文章探析了我国目前票据利率体系失衡的现象，认为过低的承兑费率对增长中的银行承兑业务形成巨大隐患 ．贴现利率必须在再贴现利率之上的规定与市场机制形成了悖论．对此提出了调整我国现行票据利率体系的相关设想．

By analyzing China＇s current unbalanced paper interest rate structure, this paper shows that an excessively low acceptance rate poses a great threat to banks increasing acceptance business, and that the rule that the discount rate must be higher than the rodiscount rate is contradictory to existing market mechanisms. This paper also makes recommendations for modifications.