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China's Bond Market To Develop Countermeasures

Posted on:2004-08-04Degree:MasterType:Thesis
Country:ChinaCandidate:D Z MuFull Text:PDF
GTID:2206360122975894Subject:National Economics
Abstract/Summary:PDF Full Text Request
With the setup of socialism market economy system, our national debts market has gotten an enough development, and it has become one of the most important parts of the economic system of our socialism market economy, and played a more and more important role in national economy.In 1981, the financial department recovered the distribution of national debts, and in 1988 set up the second-class national market. After 1991, the distribution of national debts took a measure of contract and being responsible to sell it, especially in 1996 and 1997 the method of public bidding is introduced into the issue of national debt, the commodity characteristics of national debts got an excellent reflection. In 2003 the way of national debts issue was adjusted, one of the important contents is based on the simple price " Holland bidding", several other prices system like "American bidding" was added to the measure of national debts bidding, this measure will have a deep influence on the national debts market. With the scale of national debts market expanding, the prospering of second market deal, the team of investors' growing stronger, the national debts market as a part of socialism market economy is playing a more and more important role in our economic life.However, we should take a proper attitude to the status and functions of national market in the whole market system. From 2002, the bond market was very prosperous, and the interest of bond decreased rapidly, while when it came into June the market began to be calmed down, there was a deep change in the long and middle term bond, and the huge fluctuation of stock market in such a short time made us reconsider the situation of stock market. We should not exaggerate the use of stock market for its prosperity and debase it for the depression. Where is the national debts market going? What part of the national debts market should be modified or reformed? All these questions are the topics of this article.The article can be divided into three parts: the first one is on the content ofnational debts market. The second part is about the present situation of national debts market. And the third part is on the strategies of our national debts market. By the analysis of current situation of our national debts market and combining the theory of national debts, the author brings forward some new suggestions to the development of our national debts market with the aim of doing some benefits to the construction of our national debts market.
Keywords/Search Tags:National debts market, Strategy, The method of public bidding
PDF Full Text Request
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