摘要
债券市场作为金融市场的重要构成部分,是建立有效利率体系,形成合理
投资秩序,并且推动金融创新的基础。同时,对于商业银行而言,债券业务是
其拓展业务品种,实现自身核心竞争力提升的关键所在。近年来,商业银行的
债券业务发展迅猛,债券业务在商业银行的收益之中所占比重也越来越高。然
而,在债券业务快速发展的同时,如何有效的规避市场风险,并在此基础上实
现最大的收益,就成为了商业银行需要正视和亟待解决的一个重大问题
文章首先对当前国内外关于银行债券业务风险管理的研究成果进行了梳
理,研究了债券业务风险管理的基本理论以及信用风险与信用评级理论,从而
为全文的研究奠定了坚实的理论基础。而后,以A银行作为实证研究对象,分
析A银行债券业务发展现状以及其在债券投资、债券承销以及债券回购方面存
在的风险问题。在上述研究的基础之上,文章尝试从构建完善的风险评估体系、
建立银行债券业务风险预警体系、完善债券投资组合管理、健全风控机制、加
强债券承销业务风险管理水平以及提高债券回购业务风险管理水平等六个方面
提出提升A银行债券业务风险管理能力的对策。希望通过本文的研究,能够对
我们更好的发现商业银行债券业务风险管理方面存在的问题,并且有针对性的
提出改进方案起到一定的参考和借鉴作用
关键词:商业银行、债券业务、风险管理、信用
Abstract
Bond market as the important part of financial markets, is to establish effective
interest rate system, form a reasonable order of investment, and promote the
foundation of financial innovation. At the same time, for the commercial bank,
securities business is the business varieties, and the key to realize their own core
competitiveness promotion. Developing rapidly in recent years, the commercial
bank bond business, securities business in the proportion of income of commercial
Banks is becoming more and more high. In debt at the same time,the rapid
expansion of our business, however, how to effectively avoid market risk, and on
this basis to achieve maximum benefit, has become a commercial Banks need to
face and a big problem to be solved.
Article on the current domestic and foreign bank bond business first generalizes
the research achievements of risk management, studies the basic theory of bond
business risk management and credit risk and the credit rating theory, thus laid a
solid theoretical foundation for the research of the full text. And then, with A bank as
empirical research object,A bank bond business development present situation and
the analysis of its investment in bond,bond underwriting and bond repurchase risks
problems. On the basis of the above research, the article tries to build perfect risk
assessment system, establish bank bond business risk early warning system,
perfecting the bond portfolio management, perfect risk-control mechanism, and
strengthen the liquidity risk prevention and control and strengthen the bank bond
business management ability and so on five aspects improve the ability of A bmik
bond business risk management. Hope that through this article research, to better for
us to find bonds business of commercial bank risk management problems, and
targeted puts forward improvement scheme has certain reference and reference.
Keywords: Commercial bank, Securities business, Risk management, Credit