Proceedings of the 2019 4th International Conference on Financial Innovation and Economic Development (ICFIED 2019)

Research on the Issuance Management of China's Local Government Special Bonds

Authors
Chunyan Zhang
Corresponding Author
Chunyan Zhang
Available Online February 2019.
DOI
https://doi.org/10.2991/icfied-19.2019.43How to use a DOI?
Keywords
Local government, Special bond, Issuance Management
Abstract
China's local government special bond issuance management has been strictly regulated by the central government in terms of method selection, rulemaking and underwriter qualification. According to the income equivalence theorem, the amount of income that local governments receive for bond issuance depends on the degree of investor participation. By comparing the distribution management experience of the United States and China, we can find that there is still room for further improvement in the management of China's local government special bond issuance in many aspects.
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Proceedings
2019 4th International Conference on Financial Innovation and Economic Development (ICFIED 2019)
Part of series
Advances in Economics, Business and Management Research
Publication Date
February 2019
ISBN
978-94-6252-678-5
ISSN
2352-5428
DOI
https://doi.org/10.2991/icfied-19.2019.43How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Chunyan Zhang
PY  - 2019/02
DA  - 2019/02
TI  - Research on the Issuance Management of China's Local Government Special Bonds
BT  - 2019 4th International Conference on Financial Innovation and Economic Development (ICFIED 2019)
PB  - Atlantis Press
SP  - 236
EP  - 240
SN  - 2352-5428
UR  - https://doi.org/10.2991/icfied-19.2019.43
DO  - https://doi.org/10.2991/icfied-19.2019.43
ID  - Zhang2019/02
ER  -