国外银行回购业务风险管理

isk Management of Repo in Foreign Banks

回购业务是连接货币市场与资本市场的重要纽带。国际上银行间回购交易规模巨大、市场规范,特别是近20多年来发展迅速,其内部风险管理方法及手段,值得我国货币及债券市场进一步发展所借鉴。

Repo is an important link between money and capital markets. With large scale of transaction and regulated market, international interbank repo has developed rapidly in the past 20 years. Its internal risk management provides good reference for China's money market and bond market.