新生态下我国金融市场路径选择

同花顺
3 hours ago

2023年6月,美元LIBOR正式停止报价,这一曾经支撑全球数百万亿美元金融合约的基准利率退出历史舞台。彼时全球仍有约74万亿美元存续合约未到期,其中91.9%为利率互换、利率期权等衍生品合约。无风险利率SOFR接棒成为美元定价新基准,但接棒不等于翻篇,利率市场改革的重心已从“替换”转向“重构”。对此,中国金融市场的应对有自己的节奏。早在2019年,中国银行(HK3988)就在美国在岸市场发行以有...

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