47頁
摘要
票據(jù)市場不僅可以準(zhǔn)確反映貨幣供求狀況，其發(fā)展還拓展了中央銀行基礎(chǔ)貨
幣投放渠道，完善了貨幣政策傳導(dǎo)機(jī)制，從而擴(kuò)大了宏觀調(diào)控政策的乘數(shù)效應(yīng)，
在金融市場中發(fā)揮著重要作用。
我國票據(jù)市場的發(fā)展經(jīng)歷了起步、初步發(fā)展、規(guī)范發(fā)展、快速發(fā)展幾個(gè)階段，
達(dá)到了目前較為理性的發(fā)展?fàn)顟B(tài)，但票據(jù)市場的發(fā)展仍滯后于貨幣市場的其他子
市場(如:股票市場、基金市場、債券市場、同業(yè)拆借市場等)。特別是進(jìn)入2003
年，高速發(fā)展的票據(jù)市場遭到上調(diào)準(zhǔn)備金率、轉(zhuǎn)貼市場停滯等因素影響，發(fā)生動(dòng)
蕩，對(duì)中小銀行的沖擊尤為明顯。上半年，由于資金面相對(duì)寬松，有的中小銀行
為了達(dá)到存款和收益的雙贏，而采取主動(dòng)負(fù)債策略，過度依賴外部資金擴(kuò)張票據(jù)
資產(chǎn)，市場資金抽緊后，流動(dòng)性風(fēng)險(xiǎn)凸現(xiàn)，部分企業(yè)面臨資金鏈條斷裂的危險(xiǎn)，
銀行面臨不良貸款上升的壓力。
伴隨著票據(jù)業(yè)務(wù)的快速發(fā)展，我國票據(jù)市場中存在一些問題:票據(jù)空轉(zhuǎn)產(chǎn)生
泡沫;融資性票據(jù)的大量存在;票據(jù)市場與其他子市場的嚴(yán)重脫節(jié)以及票據(jù)案件
的頻出。針對(duì)這些問題，本文提出發(fā)展票據(jù)市場的基本思路應(yīng)在發(fā)展中規(guī)范，以
規(guī)范促發(fā)展。具體措施包括:第一，建立全國統(tǒng)一的票據(jù)市場，擴(kuò)大票據(jù)市場規(guī)
模。第二，拓寬票據(jù)經(jīng)營范圍，推動(dòng)票據(jù)業(yè)務(wù)多元化發(fā)展。第三，成立票據(jù)市場
中介機(jī)構(gòu)。第四，放松利率管制，逐步實(shí)行利率市場化。第五，強(qiáng)化票據(jù)管理，
防范票據(jù)風(fēng)險(xiǎn)。對(duì)于融資性票據(jù)，本文認(rèn)為在未來的一段時(shí)間，融資性票據(jù)必將
走上票據(jù)市場的前臺(tái)，并將對(duì)中國票據(jù)市場的經(jīng)營格局、經(jīng)營模式和監(jiān)管方式產(chǎn)
生重大影響。呼吁建立融資性票據(jù)市場，提出相關(guān)建議。
關(guān)鍵詞:票據(jù)市場、票據(jù)泡沫、融資性票據(jù)
第一章引言····················································
1.1問題的提出·················································
1.2論文的研究方法·········，·································
1.3論文使用概念的說明·····································
第二章票據(jù)發(fā)展的歷史·····································
2.1票據(jù)的產(chǎn)生····································、·········
2.2票據(jù)在中國的發(fā)展······························4·········
2.3西方票據(jù)的發(fā)展歷程··································
第三章票據(jù)市場在我國貨幣市場中的作用·············
3.1票據(jù)在金融市場中的作用····························
3.2票據(jù)對(duì)宏觀經(jīng)濟(jì)以及微觀經(jīng)濟(jì)的影響·············
第四章國內(nèi)、外票據(jù)市場狀況比較····················
4.1中西方票據(jù)業(yè)務(wù)簡要比較······························
4.2發(fā)達(dá)國家票據(jù)業(yè)務(wù)趨勢·································
4.3我國票據(jù)業(yè)務(wù)發(fā)展階段·························，·······
第五章我國票據(jù)市場的現(xiàn)狀及原因························
5.1
5.2
5.3
5.4
5.5
5.6
2003年票據(jù)市場狀況····································
當(dāng)前票據(jù)市場存在的問題·····························
造成票據(jù)市場現(xiàn)狀的原因·····························
票據(jù)市場的風(fēng)險(xiǎn)分析···································
制約票據(jù)發(fā)展的因素····································
票據(jù)市場監(jiān)管體系的分析
第六章票據(jù)市場的發(fā)展方向及相應(yīng)措施·················
6.1發(fā)展票據(jù)市場的思路···································
6.2發(fā)展票據(jù)市場的措施···································
第七章結(jié)論·····················································
參考文獻(xiàn)···························································
致謝···························································
個(gè)人簡況···························································