今年,美国次级抵押贷款危机事件再次让信用衍生产品成为大家关注的对象,众说纷纭,毁誉参半。那么,信用衍生产品究竟是何方神圣?全球信用衍生产品市场的发展对于我国金融领域有哪些值得借鉴之处?本文将从信用衍生产品的国际发展的理论和实践着手,结合我国金融发展的实际,提出我国发展信用衍生产品的政策建议。 This year, the U.S. subprime mortgage crisis once again made credit derivatives a target of everybody’s attention. So what is the sacredness of the credit derivatives? What are the merits of the development of the global credit derivatives market for the financial field of our country? This article starts with the theory and practice of the international development of credit derivatives, combines the actuality of our country’s financial development, Proposed China’s development of credit derivatives of the policy recommendations.