Research In Policy On The Development Of The Enterprise Bond Market Of Chinese

The effect of path reliance and irreversible characteristic unavoidably exist in developing country's economic system reform course in which the financial development is in the state of suppressing .The policy practice of the monetary system reform of our country Objectively formed today's pattern of capital market in more than 20 years, offering the realistic foundation for continuing developing the enterprise bond market of our country. This thesis develops the theoretical foundation with enterprise's financing theory and finance development theory, analyses the current situation of development of enterprise bond market of our country and restriction factors, and points that the question of the development of enterprise bond market of Chinese is a question of a policy, that the management mode of amount is the origin of restricting of the development of enterprise bond market, and put forward that the development of enterprise bond market under the existing condition, must regard marketization as the value orientation of the policy supply. We must change the management mode of amount and supply with the corresponding policies and measures in the two markets of the enterprise bond: the issued and circulated markets.