In 1996, China essentially initiated the market-based interest rate reform, which is an important procedure in China’s financial system reform.
我国于1996年实质性启动了利率市场化改革，这是我国金融体制改革的一项重要举措。
参考来源 - 我国商业银行利率风险管理研究·2,447,543篇论文数据，部分数据来源于NoteExpress
Interest rate adjusted periodically and based on a certain market benchmark rate.
以一个确定的市场基准利率为基础，而定期调整的利率。
In order to promote the market-based process of interest rate, this paper has constructed the basic model of term structure of Shibor regarding Shibor as the research object.
为了推动利率市场化进程，本文以Shibor作为研究对象，构造了Shibor期限结构的基础模型。
Based on the bond market of China, the interest rate sensitivity measurement for fixed and floating rate bonds are studied in this paper. The approaches used are Duration and Convexity respectively.
基于中国债券市场研究了固定利率和浮动利率债券的利率敏感性度量：久期和凸性。
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