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Electricity Consumption Bonds And The Operation Of The Program Design

Posted on:2006-09-13Degree:MasterType:Thesis
Country:ChinaCandidate:J L ChenFull Text:PDF
GTID:2209360182468368Subject:Finance
Abstract/Summary:PDF Full Text Request
Now the construction of the property right protection , legal system and social credit system accommodated with market economic system lags behind relatively, it causes electric enterprise, institutional organization and individual user ignore sincere generally and power supply department owe fee highly, furthermore presents development trend of rolling. While being great amount of, this situation not merely influences the normal production of the power supply enterprise directly, and also increases transaction cost of economic life, ruins commercial atmosphere and destroys market environment greatly, moreover influences other enterprises, even the economic development of the country.In view of the debt of electric power, Primier Jiabao Wen pointed "reform management system, establish sincere system, enhance social supervision and observe law rules "in 2004, which brings more attention to debt problem in the degree of risk management. Under this background, this article solve the problem with the financial instrument called electricity fixed payment consume bond.This article combine financial engineer with electricity consume, design a kind of new-type financial instrument ~ Electricity Fixed Payment Consume Bond which prevent contingent electricity from to owe fee issue future to come. This article written by following: first, put forward the concept of electricity consumption bond which appear for the first time in article. Then analyze the relevant factor relatived to the new instrument emphatically, and design organization structure and operation procedure, discuss the bond rate, cash flow structure, how to cash etc. Finally, present the essential condition adapted to the instrument. We conclude that Electricity Fixed Payment Consume could avoid power owe problem of consumers and reduce the business risk of electric supply department.
Keywords/Search Tags:Electricity account receivable, Electricity consumption bond, Electricity market
PDF Full Text Request
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