Interest Rate Market Research

In 1986, the State Council promulgates < Provisional Regulations of the People's Republic of China on the Control of Banks > , it regulated clearly that it can do lend mutually between professional banks, the lending period and interest rate will be negotiated and confirmed by both side of lenders and borrowers. In 1996, it was released for the market of interbank offered rate ; in 1997, open the market of inter-bank buy-back rate; in 2003, it was reformed reserves interest rate; Reduce super-accurate interest rate further in 2005; In 2006 Shanghai interbank offered rate (shibor) tries running a series of event to have composed a trajectory of our country reform to deregulate interest rates.Become market-oriented esteems interest rate in our country belonging to new products, those financial firms is in practice stage, no more experience. In the first chapter of the article, it will mainly introduce the theory and practice of interest rate become market-oriented; to analyze the pros and cons for those succeed countries in the reform of interest rate; and to describe the findings for China's interest rate market reform.In the second chapter, it will separate the working process of China's interest rate reform into attempt stage and start stage; clarify the mind of Central Bank in different stage of construction , and along this line toanalyze the current situation of the current interest rate marketplace.In the third chapter, it will describe the positive and negative impact of interest rate reform for the economy development, especially the influence for the industry of banks, insurance, enterprise, investment and foreign exchange etc.The fourth chapter will give the objective and selection for China's interest rate reform. Define the reform degrees and priority of interest rate marketization under current circumstances, expound the developing trend of inter-bank interest rate,financial supervison,risk prevention mechanism of commercial banks during interest rate marketization .