银行间同业拆借市场

第三，通过提供暂时担保，激活银行间同业拆借市场。

Third , revive the inter-bank market with temporary guarantees .

中国银行间同业拆借市场利率结构转换研究

An Analysis on Regime-Switching of Interest Rate in the Inter-Bank Market of China

ARMA-GARCH模型及VaR方法在我国银行间同业拆借市场中的应用研究

ARMA-GARCH Models and the Application of VaR Method to Chinese Inter-bank Borrowing Interest Rate

利用中国银行间同业拆借市场利率数据，估计出的CKLS模型参数均为显著，这表明中国的利率市场存在明显的均值回复和水平效应。

The estimated parameters show that in the studied market , the interest rates show great mean-reversion and level effect .

与此同时，代表了银行间同业拆借市场资金成本的同业拆借利率CHIBOR与证券市场价格波动强烈的相关性逐渐凸现。

Meanwhile , the correlativity between China interbank offered rates ( CHIBOR ), which represents the cost of interbank offered capital , and the securities price fluctuation is emerging .

我国银行间同业拆借市场基准利率的选择

Selection of the Benchmark of Chinese Inter-Bank Offered Rate

监督管理银行间同业拆借市场和银行间债券市场；

Regulate and supervise the inter-bank lending market and the inter-bank bond market ;

采用脉冲响应分析和方差分解方法，分析了银行间同业拆借市场各交易品种利率之间相互影响的大小。

Using impulse response analysis and variance decomposition method , the dissertation analyzes interaction between interbank rates .

一方面，一个运行良好的银行间同业拆借市场对于高效率的银行体系是不可或缺的。

On the one hand , a well functioning interbank market is essential for efficient financial intermediation .

本文分别就银行间同业拆借市场、回购协议市场与票据市场围绕上述方面展开分析。

The article launches analysis around above-mentioned respects on Call Market , Repurchase Agreements Market , Note Market separately .

实证结果表明，在银行间同业拆借市场上，拆借头寸受利好的消息影响较大。

The empirical result indicates that the negative information has a greater effect on the fund in the inter-bank market .

银行间同业拆借市场作为金融机构之间融通资金的市场，是货币市场的重要组成部分。

As a money market in which short-term funds transferred between financial institutions , interbank market is an important part of money market .

另外，尽管股票抛售愈演愈烈，但银行间同业拆借市场中严峻的流动性问题似乎已有所缓解。

Further , the acute liquidity problems in the inter-bank lending market seem to have been alleviated , even as the sell-off of stocks has gathered pace .

自1999年证券公司及基金管理公司获得银行间同业拆借市场准入权后，同业拆借资金就构成证券市场重要的资金来源。

Since securities corporations ' access of China interbank offered market in 1999 , China interbank offered capital has become an important capital source of securities market .

到目前为止，银行间同业拆借市场、银行间债券市场在内的货币市场以及外汇市场资金价格，已走上了市场化的道路；

Up to the present time , market of short-term loans between banks , market of bounds between banks including the monetary market and the foreign exchange market , have being developing well .

从1996年6月中国人民银行放开银行间同业拆借市场利率开始，我国已经对若干金融领域放开了利率管制，金融机构拥有了一定的贷款利率浮动权限。

Since the beginning of the inter-bank borrowing ( lending ) by the People 's Bank of China in June 1996 , our state has deregulated the interest rates in various financial spheres , and the financial institutions has own certain power in the floating of the loan rates .

2008年金融危机爆发后，欧元区又陷入动荡，在这段时间里，对欧洲许多银行来说，债券市场和银行间同业拆借市场的借款成本上涨了很多。

For many European lenders , the cost of borrowing from debt markets and interbank markets has risen sharply since the financial crisis of 2008 and during the ensuing eurozone furore .

同时，在中国运营的外国银行（尤其是美国银行集团）发现，在中国银行间同业拆借市场上，他们向中国同行借款的难度越来越大。

Meanwhile , foreign banks operating in China , especially American groups , are finding it increasingly difficult to borrow from their Chinese counterparts in the domestic interbank market .

利用Gray提出的一般利率结构转换模型对中国银行间30天同业拆借利率进行实证研究，发现中国银行间30天同业拆借市场确实存在结构转换现象。

In this paper we made use of the general regime-switching model proposed by Gray and the data of the 30-day inter-bank market of China to study the behavior of the interest rates . After research , we found that there did exist regime-switching in the market .

应用复杂适应系统理论，对银行间同业拆借利率行为的系统模拟进行了初步探索，初步建立了银行间同业拆借市场的回声模型和Agent模型。

Using complex adaptive system theory , this dissertation explores system emulation to interbank rate behavior , and establishes an echo model and Agent model of interbank market .