债券买断式回购的盈利模式与风险分析

On the earning model and risks of outright bond repo

买断式回购的推出,对银行来说既是机遇又是挑战。该文主要分析了买断式回购推出引发的新的交易模式、盈利模式及其风险管理问题,并对买断式回购短期内的发展前景作出了预测。

The introduction of outright repo presents both an opportunity and a challenge for banks.This paper analyzes the new trading pattern,earning model and risk management triggered by the launch of outright repo,and anticipates the horizons of the new business in the near future.