贷款价格

2004年10月29日，央行宣布放开企业贷款利率上限，这意味着商业银行从此可以根据信贷市场需求确定贷款价格。

The People 's Bank of China declared to get rid of the top limitation of enterprises ' loan rate on Oct.29 , 2004 , which means that domestic commercial banks would be able to draw up loan prices according to the demand of credit market .

在杠杆贷款价格激增的同时，企业债的收益率出现了暴跌。

Yields on corporate debt have plummeted while leveraged loan prices have soared .

市场信息服务公司s&plcd的最新数据显示，美国和欧洲市场上的垃圾贷款价格过去两周大幅下跌，因为投资者已开始远离这一资产类别。

The price of junk-rated loans in the US and European markets has tumbled in the past couple of weeks as investors begin to turn away from the asset class , according to new data from S & P LCD , the market information service .

小额信贷机构应明白自身的盈亏平衡利率，为政府补贴、贷款价格制定提供参考。

Micro-credit institutions in China should know their break-even interest rate .

信息流通不畅，市场上的贷款价格无法反映出这一风险。

Lacking information , market pricing failed to signal this increased risk .

贷款价格反弹，受到了今年信贷需求不断增长的推动。

The loans rally has been fuelled by growing demand for credit this year .

因此贷款价格制定是否合理就关系到银行与贷款有关的一切经营活动的成败。

Therefore , whether the loan price reasonable or not becomes the key to all the bank business related to loan .

本文在远期鞅测度下，应用信用风险结构模型对循环贷款价格的解析计算进行研究。

Using forward martingale methods , this paper analytically studies the pricing revolver loan in the framework of credit structural model .

同时，引进具有较高风险控制水平的外资银行会降低贷款价格水平。

It also finds that the entry of foreign banks with high level of risk control technology will reduce the lending rate .

那些基于抵押贷款价格的复杂金融工具获得了过分高的评级，被广泛指责为引爆全球金融危机的原因之一。

Overgenerous ratings of complex financial instruments based on mortgage prices were widely blamed as helping to set off the global financial crisis .

因此，对房地产市场进行宏观调控，是避免经济大起大落和控制住房抵押贷款价格波动进而控制风险的有效措施之一。

Therefore , the macro-control of the real estate market is one measure to avoid the economy big ups and down , can control the mortgage .

从实例的模拟分析中可以看出，对贷款人而言，贷款价格具有明显的期权价格特征，房价波动性变化对贷款价格的影响较大。

From the example analysis , it can be conclude that mortgage price has distinct option characteristics , and the movement of house price will sway the mortgage price .

本文模型所选用的指标，是通过对开发银行信贷管理部门的调查，找出对贷款价格最具影响力的因素，同时结合开发银行现有的数据信息处理能力和信贷管理能力所得出的；

The index that the paper chooses Is obtained by means of administering the department investigation to the Development Bank credit , In order to find out the element trotting loan price most .

交易量最大的欧美高风险贷款价格，已升至一年多来最高水平，这是信贷市场好转的又一个迹象。

The prices of the most traded risky European and US loans have reached their highest levels for more than a year , in a further sign of improving conditions in credit markets .

许多亚洲国家在很大程度上依靠外资银行进行融资，随着现金匮乏的外资银行要么削减放贷，要么提高贷款价格，就会有发生信贷危机的可能。

Many Asian Nations depend on foreign banks for much of their funding , raising the prospect of a credit crunch as cash-starved foreign banks either retrench or raise the price of their loans .

合理的贷款价格，既可以确保商业银行本身稳定的盈利空间，也可以通过价格信号度量不同企业的信用等级，有效控制信贷风险。

A reasonable loan price a commercial bank makes could be able to make sure of the bank 's profit space and identify different credit grades of different enterprises by price signal , then control loan risks effectively .

如果监管机构继续放松银行利率管制（迫使银行之间相互争夺存款，并与其他行业展开竞争），那么银行将不得不在选择放贷对象和确定贷款价格时做出更敏锐和明智的选择。

If bank interest rate deregulation continues forcing banks to compete for deposits among themselves , and with other sectors the banks will have to make sharper , more informed choices about who they lend to and at what price .

在这种方式指导下的贷款价格由内部资金转移价格、该笔贷款的营运费用率、违约风险补偿率、银行目标利润率、利率的调整幅度五部分构成。

In concrete , the loan price is made up of five parts , including inner capital transmitting price , working fee rate for certain loan , default risk compensation rate , goal profit rate of the commercial bank , rate adjusted extent .

由于利率市场化的推行，贷款价格不再完全由央行统一规定，贷款的自主定价能力成为商业银行现阶段研究的重点，科学的贷款定价体现了银行的竞争力。

With the implementation of market-oriented interest rate , loan price does not stipulate by Central Bank , the independent pricing ability of the loan becomes the focal point that the commercial bank study at the present stage , scientific loan pricing has reflected the competitiveness of the bank .

第二部分在贷款承诺价格特点的基础上，以解决信贷市场道德风险和信息不对称问题为目的，建立价格结构的设计模型。

In Section Two , we introduce a model of loan commitment price design , which can eliminate investment distortions .

对模型中损失函数涉及的贷款市场价格重新定义为贷款未来现金流的贴现值与贷款名义本金的比率，并结合示例说明了其期望值的算法。

The market price of loans involved in the loss function is redefined as the ratio of present value of future cash flow to the loan , calculation of its expectation is showed with an example .

由于投资者被迫进行抛售，贷款市场价格在2月份跌至前所未见的低点。价格的不断下跌导致投资者解除所持有的与市值挂钩的结构性贷款，而这进一步加剧了价格的螺旋式下跌。

Loan market prices reached never before seen lows in February as a result of forced selling as falling prices led to the unwinding of market value-linked structures holding loans , which further exacerbated the downward spiral in prices .

与此同时，私人股本和其它高风险借款人的融资成本在未来数月可能大幅上升，此前，美国和欧洲市场的高风险企业贷款交易价格出现了空前剧烈的波动。

Meanwhile , buy-out groups and other risky borrowers could see a sharp rise in funding costs in the coming months following an unprecedented swing in the price at which risky corporate loans are trading in US and European markets .

美国杠杆贷款的价格已跌至4年多以来的新低，而在衍生品市场上，抛售行为已使美国和欧洲垃圾贷款价格面临跌破贷款面值的风险。

Us leveraged loan prices have fallen to their lowest level in more than four years , while in the derivatives markets a sell-off has pushed the prices of both US and European loan risk to less than face value of the loans themselves .

通过模型证明一笔贷款的价格不仅与借款人的预期违约率和贷款回收率有关，而且与借款人在贷款期间信用等级的变化有关。

The analysis of the model demonstrated that the price of a loan was not only determined by the borrower 's defaults and the expected recovery of the loan , but also by the change of the borrower 's credit rating during the period of the loan .

自3月份对贝尔斯登（bearstearns）的纾困行动以来，随着基金出手低价买进，贷款市场的价格有所回升。

Since the rescue of Bear Stearns in March , prices in the loan market had recovered as funds stepped in to pick up bargains .

进一步利用VAR模型研究利率和贷款对住房价格和股票价格的影响，贷款对住房价格有显著的正向影响，利率对住房价格有显著的负向影响，股票对住房有微弱的财富效应。

VAR model for further study of interest rate channel and credit channel , credit has a significant positive impact on the housing price , interest rate has a significant negative effect on housing price and stock has weak wealth effect on housing .

第一部分介绍贷款承诺及其价格结构的特点。

The first section describes the features of loan commitment price structure .

他说，借款者经常被贷款的真实价格误导。

Borrowers , he says , are often misled about the true price of a loan .

但是长期利率还是会影响诸如房屋贷款并且房贷价格已经上升。

But long-term rates are the ones that affect things like housing loans and these have been rising .