| With the increase of disposable income of our residents,the demand for investment is increasing.Although China has a rich variety of financial products,there are still some deficiencies in the supply of financial products for the increasing demand of our residents.In order to enrich the product types of China’s financial market,this paper designs a new structural financial product.Firstly,the paper defines the type and design elements of the products from the connotation of structured financial products,then designs the product as fixed income and option.The fixed income part invests in national debt,pricing by cash flow discount method and taking the yield on maturity of national debt as discount rate;the option part invests in rainbow option,which is linked to the Shanghai Shenzhen 300 index and the China stock 500 index,and pricing is carried out by Monte Carlo simulation.Finally,the risk,market orientation and design promotion scheme of the product are analyzed. |
