Study Of Corporate Bond Financing Of The Binhai New Area

In modern economic growth, regional economies already become an important strength that propping up the economic development of every country in the world. And under market economy condition, area financial system that as important area financing system link more and more becomes the key of area economic takeoff and developing. The enterprise bond develops area financial market in relieving area inner enterprise fund shortage, being accelerated, deepen whose reform of investment and financing systems, broaden the area inner investment securities breed, strengthen whose finance international competitiveness aspect being bringing the gigantic effect into play. Therefore, the author chooses the Tianjin Binhai New Area that has been integrated the national development strategy, and takes its enterprise bond financing development as the main object of study.At first, the document introduces research background that is about Binhai New Area develops enterprise bond financing and relevant studies at home and abroad. That systemically summarizes that the financing and regional economies develop the main theory and important enterprise bond financing theory at home and abroad in connection with the area finance. And then, the article sets off from the visual angle that regional economic development, takes that the enterprise bond finances in coast newly developed area financing system as object of study , be tied in wedlock proper Tianjin Binhai New Area finance environment and area development strategy advantage sufficiently, the financing current situation carries out systemically analysis. Simultaneously, pass to draw support from 38 country spans data in 13, from the macroscopic view all quantity angle carries out the supply and demand condition and extended potential of scale studying. At the same time, the systemically analysis Binhai New Area enterprise bond financing development's macroscopic environment support and the newly developing area enterprise in the choice bond financing time superiority, and discuss the feasibility for Binhai New Area development enterprise bond financing.Finally, this article separately from the Binhai New Area macroscopic environment and the enterprise microscopic angle, the discussion develops the newly developing area enterprise bond financing countermeasure, proposes the rationalization proposal. And take Tianjin Teda invests the holding Limited company which is situated in Binhai New Area to distribute the enterprise bond in 2005.Through this article analytical study, not only may separately in macroscopic and has a system's understanding microscopically to Binhai New Area development enterprise bond financing, also has provided the development mentality for consummates the financing system, the development financing channel for the newly developing area, as well as the newly developing area enterprise financing structure's optimization.