信用风险转移工具是一把双刃剑,它既能有效地将风险分散和转移,同时也带来新的风险。脱离经济实体需要的过度创新和金融机构的过度投机往往会导致严重的后果。本文反思国外信用风险转移市场的发展,结合国内金融结构的实际,认为国内发展信用风险转移市场要坚持以控制风险为首要前提,分步骤推进,遵循从简到繁,循序渐进的发展路径,以服务于实体经济为原则,严防过度创新。 Credit risk transfer tool is a double-edged sword, which can not only effectively disperse and transfer risks, but also bring new risks. Excessive innovation required by economic entities and excessive speculation by financial institutions can often have serious consequences. This article reflects on the development of foreign credit risk transfer market. Combining with the actual financial structure in our country, we think that the development of credit risk transfer market in our country should adhere to the premise of risk control, push forward step by step, follow the development path from simple to complex, and step by step, The real economy is the principle to prevent over-innovation.