The first innovation and characteristic of this paper is that it introduces the theory of controlling embedded-option risk of the asset-liability management base on the option-adjusted duration.

本文的创新与特色一是提出了基于期权调整持续期的银行资产负债组合优化原理，避免了资产与负债中的隐含期权给银行带来提前偿付风险。

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The first innovation and characteristic of this paper is that it introduces the theory of controlling embedded-option risk of the asset-liability management base on the option-adjusted duration.

本文的创新与特色一是提出了基于期权调整持续期的银行资产负债组合优化原理，避免了资产与负债中的隐含期权给银行带来提前偿付风险。

youdao