人民币外汇货币掉期业务有关问题的探讨

Discussions on issues in RMB/FX Currency Swap Business

该文首先介绍了人民币外币货币掉期业务,并分析了外汇掉期与货币掉期之间的异同,进而从业务范围、交易主协议、业务准入、交易和清算模式、银行间市场与零售市场的同步性、人民币基准利率及头寸管理办法七个方面对开展人民币外汇货币掉期业务进行技术性的探讨。

After an introduction to RMB/FX currency swap business, this paper analyzes the differences and similarities between FX swaps and currency swaps, and discusses the technicalities of the promotion of the RMB/FX currency swap business from the seven perspectives of business range, master trading agreements, business access, trading and clearing models, simultaneity between interbank and retail markets, an RMB benchmark interest rate, and position management measures.