信用衍生工具

信用衍生工具及其在我国的应用探析

Credit Derivatives and Exploration on Application of Credit Derivatives in China

信用衍生工具在中小企业融资中的应用

The Application of the Credit Derivatives in the SMEs Financing

EDF模型度量信用衍生工具的信用风险研究

Measuring the Credit Risk of the Credit Derivative with EDF Model

巴塞尔协议2确使鼓励银行使用象信用衍生工具等金融工具。

Basel 2 positively encourages banks to use instruments such as credit derivatives .

信用衍生工具估值模型研究

Study of the model of credit derivatives

信用衍生工具及其启示

An Inspiration of the Credit Derivatives

文中对信用衍生工具进行了研究，并进行了分类，对每一种产品也进行了分析。

In this paper , we mainly deal with the credit derivatives , and classify and analyze them .

同时，信用衍生工具可以在投资市场上规避风险，进而调动了信贷市场的活跃性。

Furthermore , the instruments keep away from risk in the investment market , so as to activate the credit market .

实际演示则是结合一个虚拟的例子，介绍商业银行利用信用衍生工具来管理中小企业贷款信用风险的步骤和方法。

Practical demonstration scenario is a combination of illustration , commercial banks use credit derivatives to manage the credit risk of the steps and methods .

信用风险控制对于衍生工具交易的顺利进行和衍生工具市场的发展都至关重要。

Adequate credit risk control has proven to be of immense significance for the smooth functioning and expansion of derivative markets .

20世纪90年代，随着金融创新的发展和商业银行风险管理的需要，信用衍生品作为金融衍生工具的一种迅速发展起来。

In the 1990s , with the development of financial innovation and needs of risk management in commercial banks , as a financial derivatives , credit derivatives developed rapidly .

因此我们在考虑了各类贷款中风险较高的项目贷款的特点和其现有的风险管理方法的基础上，提出用信用违约互换这一信用衍生工具对其风险进行转移的新思路。

Considering the characteristics of those high-risk project loans and the existing risk management methods , this paper proposes a new means of transferring its credit risk by credit default swaps .

信用风险部分对CDS这一重要的信用衍生工具进行了分析。

The part of credit risk contains an analysis of CDS .

常用的信用风险缓释工具主要有抵质押品、净额结算、保证以及信用衍生工具。

The main credit risk mitigation tools include collateral , netting , guarantees and credit derivatives ; otherwise , Credit risk mitigation tools can reduce credit risk regulatory capital .

第一部分是对信用风险、信用风险管理及传统信用风险管理方式缺陷的分析，为信用衍生工具的引入做了必要的铺垫。

Firstly , part one analyzes credit risk , credit risk management and the limitation of the traditional credit risk management mode , and lays a way for introducing of credit derivatives .

理论探讨主要是从理论上把握和分析中小企业贷款信用风险的内涵、成因、评估体系以及商业银行管理这种信用风险的信用衍生工具法；

Theory is mainly theoretical analysis of the SME loan 's credit risk , its meaning , causes , evaluation systems , as well as commercial banks manage credit risk via credit derivatives ;

信用风险缓释技术是众多信用风险管理方法中的一种，它包括抵押交易、担保交易、信用衍生工具、表内净扣。

Credit risk mitigation technique is one of the ways to manage credit risk , it includes collateralized transactions , on-balance sheet netting , guarantees and credit derivatives .

信贷风险模型中，信用评级模型及信用等级转移矩阵是信贷风险度量的基础，违约和盯市等模型是信贷风险度量的主要方法，信用衍生工具等模型则直接为信贷风险管理经营服务。

In credit risk models , the credit rating model and credit rate migration matrix are the basis of credit risk measurement ; default and mark-to-market models are the major means ; while credit derivatives models directly serve credit risk management .