在利率市场化背景下,我国金融市场将出现一些趋势性变化,并导致银行业系统性风险呈现出新的特征利率市场化下金融市场的趋势性变化金融市场的外部性不断增强。国外主流观点认为,系统性风险是由金融市场的外部性所致,不可能通过金融机构的内部程序来管理,也并不在市场所关注的范围之内。利率市场化之后,随着国内银行业加快实施以非利息收入为导向的战略和业务转型,信贷资产证券化、表外业务创新和综合化经营的推进必将 Under the background of interest rate liberalization, there will be some trending changes in China’s financial market, which will lead to new characteristics of the banking system’s systemic risk. Trend changes of financial markets under market-oriented interest rates The externalities of financial markets continue to increase. Mainstream foreign view holds that systemic risk is caused by the externalities of financial markets and can not be managed through the internal procedures of financial institutions and is not within the scope of the market. Following the marketization of interest rates, as domestic banks accelerate the implementation of non-interest income-oriented strategies and business transformation, credit asset securitization, off-balance sheet business innovation and the promotion of integrated operations will inevitably