紧信用下信用债异常交易统计分析

Statistical Analysis on Abnormal Trading of Credit Bonds under Tight Credit

近期市场上信用债大幅折价成交的情况不断出现,显示出信用债市场存在严重的结构性风险。文章对紧信用时期市场上信用债异常成交做一个系统性分析,力求通过历史成交数据,全面地挖掘出有潜在表征却尚未爆发的信用风险点.

Recently,an increasing number of credit bonds have been traded at big discounts,indicating structural risks emerging in the credit bond market.The paper makes a systematic analysis on the abnormal trading of credit bonds during the time of tight credit,aiming to comprehensively unearth potential credit risk points through an examination of the historical transaction data.