This article LTG GoldRock will share with you the knowledge of the industry's borrowing market ~
Interbank Borrowing Market is a market where financial institutions other than central banks conduct short -term financial links , that is, financial institutions use regional differences and time differences of capital differences and financial positions of financial institutions./a>, a short -term lending of financial institutions with insufficient financial institutions with excess funds.The funds borrowed by the industry are mainly used for the difference between banks' temporary deposit notes and other temporary capital shortages need.The interbank borrowing market can provide financing demand for non -central bank financial institutions for reserve , and can also reflect the intention of fund supply and demand and monetary policy in a timely manner.Interbank borrowing interest rates formed by the market not only affect other currency markets , but also have a great impact on the capital market and derivatives market.
Existing problems:
1. Management system
The expansion and contraction of the borrowing market lack the inherent regulation mechanism.
2. Operation mechanism
Interbank borrowing market lacks market transaction intermediary organizations
3. Supervision system
Lack of a well -trained regulatory team
There is the following characteristics of the interim borrowing market:
(1) The period of integration funds is generally relatively short, and the deadline for dismantling funds is one or a few days, and the longest does not exceed one year;
(2) The institutions involved in the borrowing are basically issued a deposit account at the Central Bank. The transaction funds are mainly the excess funds on the account;
(3) Funding funds for the same industry is mainly used for short -term and temporary needs;
(4) Almish borrowing is basically credit lending .Interbank lending can meet the needs of commercial banks without having to keep a large amount of excess reserves .
type:
(1) Bank
The bank's interbank borrowing market refers to the borrowing market of short -term funds between the banking industry peers .During daily business activities each bank often occurs in lack of positions or surplus. In order to support the normal development of the other party's business between the banks, and the short -term returns of excess funds will naturally generate banks, which will naturally generate banks.Borrowing of funds between peers transactions.This kind of transaction generally does not have a fixed place, mainly through telecommunications.The period is calculated on the day, ranging from 1, 2nd, and 5th. Generally, it does not exceed 1 month. The maximum period is 120 days. The shortest period is even half a day.The interest on the borrowing is called "Reloction ", and its interest rate is determined by both parties, which is usually higher than the fundraising cost of the bank .The changes in interest rates are frequent, and the fund supply and demand is sensitively reflected.The amount of each transaction in the industry is large to meet the needs of bank operating activities.Daily disassembly Generally, there is no mortgage, and the credibility of banks alone.The long -term borrowing is often based on credit as a mortgage .
(2) Short -term borrowing
Short -term borrowing market , also known as "notification lending ", is mainly a short -term borrowing between commercial banks and non -bank financial institutions (such as securities dealers ) a> form.
It is characterized by the changing interest rates, the borrowing period is not fixed, and it can be removed at any time and repaid at any time. .Most of the brokers of exchanges use this way to borrow from banks .The specific method is to establish a short -term borrowing agreement between banks and customers, stipulate the range of borrowing and guarantee methods , and use it within the amplitude."The borrower must repay the day after receiving the bank repayment notice. If it fails to repay, the bank has the right to sell its guarantee.
