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On Development Of Governmental Bond Market's Mobility

Posted on:2002-05-05Degree:MasterType:Thesis
Country:ChinaCandidate:W XuFull Text:PDF
GTID:2156360032450542Subject:Finance
Abstract/Summary:PDF Full Text Request
Under modem economic conditions, governmental bonds have become one of powerful tools by which government not only executes financial & monetary policies but also manages macro-economies. So it is necessary to have a healthy governmental bond circulation market (GBCM). And it is very significant for national financial system and bank interests. Combining financial basic theories with Chinese governmental bond market, this thesis, which aims at reinforcing the mobility of GBCM, analyzes structure, institution and risk management of the market. In reality, there are still some problems of Chinese GBCM, which includes lacking a integral trusteeship unit of governmental bond transaction, inappropriate structure of bond-holders, small transaction scales, scarcity of transaction variety & tools etc. All of them limit the mobility of GBCM. This thesis puts forward a series of measurements for these problems including building a integral GBCM, constituting governmental bond fund, developing inter-bank bond market, strengthening market supervision etc. In particular, this thesis gives rise to some practical ideas for GBCM. There are still some fields of GBCM which this thesis does not refer to, and the market is developing now. So I am pleased to receive any suggestion and criticism.
Keywords/Search Tags:mobility2001001084, division of GBCM, inter-bank bond market, supervision system
PDF Full Text Request
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