Research On Development Of Enterprise Bonds Market In China

Functions of Enterprise Bonds include reducing financial risks of banks, counteracting tax revenue, financial gearing, Optimizing operation structure and so on. The companies of western countries consider bonds issue as an important tool lor financing. But in our country, the companies prefer share issue. Further more because there's lacking of governmental policies supports, the importance of Enterprise Bonds issues can not be seen. In another word, Enterprise Bonds Market is not developed as what it should be.In mis paper, we discuss five parts: the first part is about background and purport of my research. I also consider foreign and domestic situation, the researching method, content and structure. In the second part, we review the theories of Bonds Market In the mud part, I mainly describe the Domestic Enterprise Bonds Market and find out what we learn from the development of International Enterprise Bonds Market Then finding out why Domestic Enterprise Bonds Market is not well developed is the main point of the fourth part In the last part, I consider every opportunity of Domestic Enterprise Bonds Market and propose some selections and ways of how to develop Domestic Enterprise Bonds Market which is taking real situation of China into account...