该书全面反映了2014年中国金融市场运行的情况及特点,探讨当前金融市场发展中存在的若干重大热点问题。该报告共包括总论、货币市场(含票据市场)、债券市场、股票市场、外汇市场、黄金市场、期货市场、金融衍生产品市场、大事记和金融市场统计等十个部分。总论部分着重描述了2015年中国金融市场的整体运行情况,详细分析了过去一年内国际金融市场环境和国内金融环境,以及我国金融市场运行的主要特点和2015年我国金融市场发展概述。报告主体部分分别从市场运行基本情况及特点、制度建设或基础设施建设、产品创新、市场展望、专题等五个方面逐一对各个金融子市场(包括货币市场、债券市场、股票市场、外汇市场、黄金市场、期货市场、金融衍生产品市场)进行了全面深入的分析。附录部分则收录了2015年中国金融市场发展大事记和2015年金融市场总体运行数据等内容。
Part I Overview
1.Analysis of the macro environment for China's financial market development in 2015
1.1 Analysis of international economic and financial conditions
1.2 Analysis of domestic economic and financial conditions
2. Main features of China's financial market performance in 2015
2.1 Rapid development and risks as well as challenges coexisted
2.2 Market innovation an institutional reform were pushed forward at the same time
2.3 Importance was attached to both the depth and width of opening up
2.4 Institutions and measures to support real economy were rolled out at the same time
3. Outlook on China's financial market development in 2016
3.1 Financial market innovation will gain momentum
3.2 Financial market regulatory system will be improved
3.3 Two-way integration in the process of financial market internationalization will be deepened
Part II Money Market
I. Interbank funding market
1.1 Performance of interbank funding market
1.2 Main features of interbank funding market performance
1.3 Outlook for interbank funding market
2. Bond repo market
2.1 Performance of bond repo market
2.2 Main features of bond repo market
2.3 Perspectives on the future development of the bond repo market
3. Commercial paper market
3.1 Performance of commercial paper market
3.2 Main features of CP market performance
3.3 Development outlook of CP market
4. Bill market
4.1 Performance of bill market
4.2 Main Features of bill market performance
4.3 Outlook for bill market development
Box 1 Interbank Money Market Launched New Trading Mechanism X-Repo
Box 2 Interbank Certificates of Deposit and Analysis of the CD Market
Part III Bond Market
1. Bond market performance
1.1 Bond issuance market
1.2 Bond transaction market
2. Main features of bond market performance
2.1 Size of local government bond issues rose most rapidly
2.2 Issuance of corporate debenture bonds grew substantially
2.3 The share of short-term bonds in total issuance increased considerably
2.4 Turnover rate of spot bond on the interbank bond market rose by alarge margin
2.5 Yield volatility eased amid stabilization
2.6 Bond market's credit risk was further released
Part IV Stock Market
Part V Foreign Exchange Market
Part VI Gold Market
Part VII Futures Market
Part VIII Financial Derivatives Market
Appendix I Highlights of China's Financial Market Development, 2015