20世纪90年代末,一种新型的信用风险管理工具——信用衍生工具出现在金融界。in the later 1990s a new type of credit r**k management tool,credit derivative tool emerged in the financial sector.十几年来,它在全球迅猛发展。本文通过分析其种类,了解信用衍生工具如何规避风险,并分析信用衍生产品在银行业风险管理的作用。over the past decade it had devloped rapidly. th** ** explains how to **oid r**ks by using credit derivative tool through analysing its types, and analyzes the roles of credit derivative products in r**k management of banking.最后根据我国银行业的实际情况初步探讨信用衍生工具对我国商业银行风险管理的影响及其带来的挑战。finally a preliminary analys** of the impact of credit derivative tool on the r**k management of china's commercial banks and the challenge brought by it ** made on the bas** of the practical situation of domestic banking 20210311
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