Research on the Issuance Management of China's Local Government Special Bonds
Available Online February 2019.
- https://doi.org/10.2991/icfied-19.2019.43How to use a DOI?
- Local government, Special bond, Issuance Management
- 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.
- 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 -