market-oriented interest rate

With the background of market-oriented interest rate, housing mortgage loans have to face enormous interest rate risks in forms of repricing, optionality, basic risk, and yield curve.

在利率即将实现完全市场化的背景下，住房抵押贷款所面对的利率风险主要表现在重新定价风险、内含期权风险、基准风险、收益率曲线风险等方面。

To realize market-oriented interest rate and to improve interest rate management system step by step are two important tasks as well as the only war to settle the difficult problem of low fund using efficiency and to improve competitive power of financial organs.

利率市场化，以渐进的方式改革利率管理体制，是金融体制改革的重要任务，是建立符合经济规律的资金配制机制、解决长期以来资金效益低下问题、提高金融机构竞争力与效率的必由之路。

SHIBOR is established on the basis of marketization, so it is a highly market-oriented interest rate. It can not only reflect the supply and demand of the capital on the market, and also can reflect market expectations for the future.

首先，SHIBOR诞生的基础是市场化，因此其是具有高度市场化的利率，正因为如此，SHIBOR不仅能够反映市场上资金的供求状况，还能够对市场的未来情况形成一个预期。

This thesis puts policy recommendations from the systematic reform of monetary policy tools, the process of market-oriented interest rate and improvement of the effectiveness of monetary policy transmission.

本文主要从对货币政策工具的系统化改革、推进利率市场化进程以及提高货币政策传导效力三个方面提出了提高货币政策有效性的政策建议。

It shows that Chinese market-oriented interest rate reform is effective, but it still needs to further deepen from the eventual establishment of the ultimate goal of the effective interest rate system.

这说明中国利率市场化改革是有效的，并取得了初步成果，但是距最终建立有效完善的利率体系的最终目标还需要进一步的深化改革。

Continue the market-oriented interest rate reform on the basis of the financial structure optimization, improve the marketing formation mechanism of financial price, better play the the basic role of market in resources allocation.

要在金融结构优化的基础上，继续推动利率市场化改革，完善金融价格的市场化形成机制，更好地发挥市场在资源配置领域的基础性作用。

Developing our financial markets requires deepening the reform of market-oriented interest rate, which is not only a challenge but also an opportunity to our banking industry.

发展我国金融市场必须不断深化利率市场化改革，这对我国银行业来说，既是一种挑战也是一种机遇。

Market-oriented interest rate is the interest rate to solve the financing problem of corruption under the control of the optimal way.

利率市场化是解决利率管制下融资腐败问题的最优途径。

Thinking of China's market-oriented interest rate reform process after accession to WTO

对加入WTO后我国利率市场化改革进程的思考

The United States has mature real estate market and financing environment, implements the market-oriented interest rate adjustment mechanism and land policies, and establishes the comprehensive legal and real estate-related tax policies.

美国拥有较为成熟的房地产市场和金融环境，实行市场化的利率调节机制和土地政策，建立了完备的房地产相关法律和税收政策。

Finally, in the relevant policy Suggestions, after combining with the actual situation in our country providing four advices which are the improvement of the exchange rate market and the stock market, the progress of market-oriented interest rate reform, the reasonable guidance of expecting etc.

最后，结合我国实际情况，从完善我国汇率市场、股票市场、推进利率市场化改革、合理的引导心理预期等方面提出了相关政策建议。

The policy conclusion of the paper is that the market-oriented interest rate reform must be accelerated in order to perfect the operation procedure of monetary policy.

本文的政策结论是，必须进一步加快利率市场化改革进程，以完善货币政策操作程序。

The path, corresponding measures and system arrangement is the next research focus in continuing to promote market-oriented interest rate reform.

继续推进利率市场化的相关影响以及应对措施、制度安排是下一步研究的重点。

Along with the advance of market-oriented interest rate, the interest rate risk will also become one of the most important risk faced by Yuelu Mountain Branch of China Construction Bank.

伴随着利率市场化的推进，利率风险也将成为建行麓山支行所面临的最重要的风险之一。

China's Market-Oriented Interest Rate Reform and Its Impact

中国利率市场化改革及其影响

Secondly, is the impact of interest rate marketization, the pace of market-oriented interest rate to accelerate, market and competition has intensified, banks in the business has also made the development, structural adjustment.

其次，是利率市场化的影响，利率市场化步伐的加快，市场和同业的竞争也在加剧，银行自身在经营方面也做出了结构性的、发展方式方面的调整。

Therefore, the process of market-oriented interest rate asset-liability management and interest rate forecasts are not significantly improve the profitability of banks, while banks in the sample also shows that interest rate forecasts and asset-liability management problems still exist.

所以说，利率市场化进程中资产负债管理和利率预测并不能显著提升银行的盈利率，同时也说明样本银行在利率预测和资产负债管理上还存在诸多问题。

After the market-oriented interest rate was adopted, the domestic commercial banks will directly face the problem of independent lending pricing.

利率市场化以后国内商业银行直接面临着贷款自主定价的问题。

Then, market-oriented interest rate will increase the pace of the operation mode of power through the mixing operation of the financial resources to achieve the effective allocation of financial.

然后，利率市场化步伐会增加混业经营的动力，通过金融混业经营实现金融资源的有效配置。

Second, China has a clear market-oriented interest rate can be an inevitable trend to strengthen our confidence in the market-oriented reforms.

第二，明确了我国利率市场化的必然趋势可以坚定我们进行市场化改革的决心。

In China, the promotion of market-oriented interest rate has intensified competition among the commercial banks, to a certain extent, which reduce their income.

而我国利率市场化的推进，又加剧了商业银行的利率竞争，在一定程度上减少了银行贷款的利息收入。

Learning From International Experience of Market-Oriented Interest Rate

利率市场化的国际经验及借鉴

In the steady process of Chinese market-oriented interest rate progress, although thecentral bank eases the interest regulation, interest rates are still under the control of thecentral bank. Interest rate market is not completely liberalization.

随着我国利率市场化的稳步推进，虽然中央银行对利率的管制有所放松，然而贷款利率下限以及存款利率上限仍受限制，利率市场并未完全自由化。

In the market-oriented interest rate reform process, the monetary policy transmission channel effect result in structural transformation characteristics.

利率市场化改革进程中货币政策利率传导渠道效应出现了体制转换特征。

Market-oriented interest rate will promote financial innovation, activate market of Liaoning, and bring more competitive pressure and risks to small and middle-sized financial organs.

随着利率市场化进程的深入，必将促进辽宁市场的金融创新、扩大与活跃，中小金融机构将面临竞争压力和风险。

And because of being unable to control interest rate at present and after a market-oriented interest rate in the future, state-owned commercial banks don't own the premises of monopoly.

同时，由于国有商业银行现在和将来实行利率市场化以后都不能够控制利率，国有商业银行现在和将来都不存在垄断的条件。

China has been basically market oriented interest rate close to the medium-term objective. It is foreseeable that in the near future, that China will surely achieve a comprehensive market-oriented interest rate.

当前我国己经基本实现了利率市场化的近中期目标，可以预见，在不久的将来，我国必将实现全面的利率市场化。

Market-Oriented Interest Rate and Monetary Supervision

利率市场化与金融监管

China is currently still in the primary market-oriented interest rate reform period, banks in the market is still pricing in a passive position.

中国目前仍然处在利率市场化的初级改革阶段，银行在市场定价方面仍然处于被动地位。

Demonstration Analysis of Necessity of Market-oriented Interest Rate

利率市场化必然性的实证分析