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开展利率期货交易的条件日趋成熟 被引量:1

Time for interest rate futures
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摘要 利率期货是指以债券类证券为标的物的期货合约。随着我国利率市场化进程的加快,债券现货市场规模的扩大,期货市场规章制度不断健全,国债发行和交易、结算制度趋于完备,市场外部条件不断改善。开展利率期货交易的条件基本成熟。 Interest rate futures refer to futures contracts with fixed-income securities as the target. At present, China's interest rate liberalization has been accelerated and the cash bond market has been expanding with a better system for issuing, trading and clearing. Concurrently, regulations for the futures market have been perfected, and the external conditions of the market have been improved. Therefore, it is the right time for the introduction of interest rate futures.
出处 《中国货币市场》 2003年第6期44-47,共4页 China Money
关键词 利率期货交易 金融市场 中国 美国 利率风险 长期国债 债券现货市场 货币政策传导机制 国债期货 interest rate futures, interest rate liberalization, China's bond market
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参考文献1

  • 1李辉等.利率期货交易[M]中国物价出版社,2001.

同被引文献13

  • 1高岚.国债期货逼空问题分析[J].黑龙江对外经贸,2005(7):71-72. 被引量:1
  • 2程晨.我国开展国债期货交易的交割方式研究[J].上海投资,2005(7):33-37. 被引量:1
  • 3李永进,陶田.对我国重新推出国债期货的思考[J].金融理论与教学,2006(1):18-20. 被引量:1
  • 4John J. Merrick, Jr. , Narayan Y. Naik and Pradeep K. Yadav. Strategic Trading Behavior and Price Distortion in a Manipulated Market: Anatomy of a Squeeze[J]. Journal of Financial Economics, 2005, 77 (1) : 171-218.
  • 5Benninga S. , Wiener Z. An investigation of cheapest-to-deliver on the treasury bond futures contracts[J]. Journal of Computational Finance, 1999, 2 : 39-55.
  • 6Henrard, Marc P. A. Bond Futures and Their Options: More than the Cheapest-to-Deliver; Margining and Quality Option[J]. Journal of Fixed Income, 2006, 16 (2) : 62-75.
  • 7Lin B. H. , Chen R. R. , Chou J. -H. Pricing and Quality Option in Japanese Government Bond Futures[J]. Applied Financial Economics, 1999, 9(1) : 51-65.
  • 8Rendteman, R. Delivery options in the pricing and hedging of treasury bond and note futures[J]. Journal of Fixed Income, 2004:20-31.
  • 9Oviedo R. Improving the design of treasury bond futures contracts[J]. The Journal of Business, 2006 (79) : 1293-1315.
  • 10褚块海,鲍建平.利率期货市场运作[M].中国金融出版社,2006.

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