摘要
近年来国际金融市场最重要的变化之一就是信用衍生品的产生和发展,它在保留资产的情况下,将信用风险从资产中分离出来,使得信用风险管理第一次拥有了和市场风险管理同样的对冲手段,被称为21世纪最具吸引力的金融衍生产品。本文介绍了信用衍生品在国际金融市场的最新发展动态,对其爆炸性增长的成因进行分析,并就未来的发展作出评价。
Recently one of the most important change of i nternational finance m arket is the occurrence and development of credit derivatives.They can transfer risk without transferring the ownership of the underlying and have been hailed a s new risk management tool for managing credit exposures.In this paper,after the trends of credit derivatives on international finance market is first introduce d,the cause of the explosive growth in recent years is analyzed.At the end of pa per the evaluation of credit derivatives developing is given.
出处
《西北师大学报（社会科学版）》
北大核心
2003年第3期121-124,共4页
Journal of Northwest Normal University(Social Sciences)
基金
国家社会科学基金项目(01BJL012)
关键词
信用衍生品
信用风险
评价
credit derivatives
credit risk
evaluation
