Municipal Bond

Probing into the Development Model of China 's Municipal Bond Market

我国市政债券市场发展探析

Research on Municipal Bond Market Development

发展市政债券市场的研究

First is the theory analysis , provide theoretical support for municipal bond accumulation .

首先，从理论角度对城市基础设施市政债券融资问题进行分析。

Some Considerations on Developing Municipal Bond Market in Our Country

关于发展我国市政债券市场的思考

The Practice and Enlightenment on the Foreign Municipal Bond Bank

国外市政债券银行的运作及启示

The second part is " Municipal Bond Accumulation of Urban Infrastructure " .

第二部分城市基础设施的市政债券融资。

Municipal bond is an important way to raise money in the foreign municipal construction .

市政债券是国外市政建设融资的重要方式。

It mainly involves the necessity of the issue of the municipal bond ;

主要涉及发行市政债券的必要性；

Market Oriented Urban Infrastructure and Municipal Bond Financing

城市基础设施市场化与市政债券融资

But due to our legal system constraints , municipal bond is not legal in China nowadays .

但是受制度和法律的约束，市政债券在我国的发行一直被禁止。

How to profit the experience of municipal bond from developed country according to the China urbanization development ?

如何借鉴发达国家市政债券市场成熟的经验，根据中国城市建设面临的任务，从规范城市建设融资的角度，提出了开发具有中国特色的市政债券。

Note the widening of spreads in the municipal bond market .

请注意，市政债券市场的利差正在扩大。

Study on the carrier of EXPO Municipal Bond

世博市政债券载体研究

The fifth part is the municipal bond financing way and innovation of environmental pollution control facilities in China .

第五部分是中国环境污染治理设施的市政债券融资方式与创新。

Getting the municipal bond market to function again will finance capital and other spending that is on hold .

让市政债券市场重新发挥功效，将为资本和其它暂停的支出提供融资。

New York City 's financial crisis of 1975 was an irregular factor that severely depressed the municipal bond market .

一九七五年纽约市的财政危机，是地方证券市场严重跌价造成的。

Ours bond market is seriously lagging behind the developed capital market . Municipal bond is an important part of the financial market .

我国债券市场严重落后西方发达资本市场，在发达的资本主义市场制度下，地方政府债券和公司债券是债券市场的重要组成部分，债券市场又是金融市场的重要组成部分。

At present the development of government bond markets consisting of treasury bond and municipal bond should be attached great importance to .

目前，特别应重视开拓由国债和市政债券构成的政府债券市场。

This paper probes the way to develop the municipal bond market of China through the analysis of current situation of quasi-municipal bond market .

本文通过对目前我国准市政债券市场的现状进行分析，探讨了我国市政债券市场的发展思路。

Others are the continued shortage of bank lending , mounting bank failures and municipal bond downgrades in every region .

其它指标包括：银行贷款持续紧缺、银行破产案不断增多，以及所有地区的市政债券评级均被下调。

The USA is the municipal bond model . Germany is the lease financing model . France is a public utility franchise .

其中，美国的特色模式是市政债券模式，德国的特色模式是融资租赁模式，法国的特色模式是公共事业特许经营模式。

Meanwhile , advance municipal bond is provided for financing mode of irrigation construction , for which municipal bond published by government of Shanghai .

同时为上海市政府发行准市政债券，融资水利设施提供了准市政债券的模式。

Therefore , how to measure the size of municipal bond issuance , and a reasonable credit risk , it becomes a need for urgent research .

因此，对于如何来测量市政债券的合理发行规模和信用风险，就成为了一个需要迫切研究的问题。

I talked to Chris Crosby , a municipal bond analyst at Raymond James .

笔者曾与RaymondJames的市政债券分析师克罗斯比（ChrisCrosby）谈过。

According to the international experience and the Chinese national condition , vigorously developing the municipal bond as the core direct financing method will alleviate the pressure of city urbanization .

根据国际经验与中国国情，大力发展以市政债券为核心的直接融资手段，将成为缓解城市化压力的重要环节。

China should also vigorously develop the municipal bond market and municipal bond issues in the most important issue is the size of its bond issues and credit risk measurement .

目前我国也在大力尝试发展市政债券市场，而市政债券发行中最重要的问题就是其发债规模和信用风险的度量。

More and more developing countries are paying close attention to the Issue of municipal bond which is taken for a kind of financial implements used commonly and worldwide .

市政债券作为国际上较为普遍利用的金融工具，正被越来越多的发展中国家所关注。

After the detailed discussion of shadow toll theory and some real cases , I give out a design of a municipal bond embedded with GDP index detail by detail .

在具体分析讨论影子收费的做法及案例后，本文进一步地具体尝试设计了嵌入GDP指标的市政债券并详细讨论了其实质与拓展。

The participation of the municipal bond bank can strengthen the credit rating , enlarge the scope of publishment in order to cut down the financing cost .

市政债券的参与可以增强债券信用等级、扩大发行规模，从而降低隔资成本。

It is imperative for China to issue municipal bond for public construction project financing in pace with urbanization , the west area exploitation , capital market development and industrial structure readjustment .

随着我国城市化的发展、西部大开发的进行、资本市场的深化和产业结构的调整，发行市政债券为城市建设中的公共项目融资已经势在必行。