对我国债券市场相关问题的研究

发布时间：2018-04-05 14:37

本文选题：我国债券市场　切入点：现存的主要问题　出处：《辽宁师范大学》2012年硕士论文

【摘要】：债券市场，是发行和买卖债券的场所，是金融市场的一个重要组成部分，是一国金融体系中不可或缺的部分。我国债券市场经过经三十多年的发展，历经了从无到有、从小到大的过程。据2011年的最新统计，我国债券市场规模已超过9.5万亿元，占GDP比重已超过30%。各类债券发展迅速，，市场总体走势良好。本文就是从国际国内金融高速发展的大形势出发，首先介绍了我国债券的基础理论，包括债券的定义及分类，各类债券的发行状况、特征等。随后着重介绍了我国债券市场的发展历史，并以数字、图表等形式统计列举了目前我国各类债券市场的发展现状、规模等问题。分析国际形势不难看出，我国债券市场的发展仍处于初级阶段，纵观全球经济，西方发达国家的债券市场，尤其是美国、德国和日本的发展水平尤为先进。所以在文章的第二部分以国家为单位介绍了先进国家债券市场的发展理论，具体结合三国的基本国情和历史，详细阐述了各国债券市场的发展历史、主要交易平台、以及债券市场的结构体制等问题。并对三国债券市场的各方面异同进行了比较，以作为发展我国债券市场的先进理论参考。目前，我国债券市场虽然逐渐成为了整个证券市场乃至全民经济发展的重要组成部分，但是深入分析了解后不难发现，债券市场在市场结构和管理体制等方面还存在着诸多问题，只有结合我国国情，进行切实有效的体制改革，才能为债券市场的发展注入新的活力。所以本文的第四部分就是在发现问题的基础之上，通过笔者的深入总结分析，借鉴发达国家的成功经验，提出了完善我国债券市场的相关对策建议，文章第四章首先从制度角度，针对我国债券市场的信用评级不完善提出解决对策，并尝试提出引进美国先进的债券保险业务，以解决我国债券市场结构失衡等缺陷。其次第五章从债券品种的丰富创新角度提出了几点建议，例如可以尝试引入香港的“点心债券”、加快中小企业集合债券和地方政府债券的发展，从而从制度和品种上完善我国债券市场的整体结构。行文有诸多不妥之处，恳请各位领导老师予以批评指正！
[Abstract]:Bond market is the place to issue and buy and sell bonds. It is an important part of financial market and an indispensable part of a country's financial system.After more than 30 years of development, the bond market of our country has gone through the process of from nothing to existence and from small to large.According to the latest statistics in 2011, the scale of China's bond market has exceeded 9.5 trillion yuan, accounting for more than 30% of GDP.Each kind of bond develops rapidly, the market overall trend is good.Starting from the rapid development of international and domestic finance, this paper first introduces the basic theory of bonds in China, including the definition and classification of bonds, the issuing status and characteristics of various kinds of bonds.Then it introduces the development history of China's bond market, and enumerates the current situation and scale of various kinds of bond market in China by statistics in the form of figures and charts.By analyzing the international situation, it is not difficult to see that the development of China's bond market is still in the primary stage. Throughout the global economy, the development level of the bond market of the western developed countries, especially the United States, Germany and Japan, is especially advanced.Therefore, in the second part of the article, the author introduces the development theory of the bond market of the advanced countries with the country as the unit, and elaborates in detail the development history and the main trading platform of the bond market of each country in combination with the basic national conditions and history of the three countries.And the structure of the bond market and other issues.The similarities and differences of the bond market of the three countries are compared in order to serve as an advanced theoretical reference for the development of China's bond market.At present, although the bond market in our country has gradually become an important part of the entire securities market and even the economic development of the whole people, it is not difficult to find out after in-depth analysis and understanding.There are still many problems in the bond market such as market structure and management system. Only by carrying out practical and effective system reform combined with the national conditions of our country can we inject new vitality into the development of bond market.So the fourth part of this paper is based on the discovery of problems, through the author's in-depth summary and analysis, the successful experience of developed countries, put forward the relevant countermeasures and suggestions to improve our bond market.In the fourth chapter, from the point of view of system, the author puts forward some countermeasures against the imperfection of the credit rating of China's bond market, and tries to introduce the advanced bond insurance business of the United States in order to solve the defects such as the imbalance of the structure of the bond market in our country.Second, the fifth chapter puts forward several suggestions from the perspective of rich and innovative bond varieties. For example, we can try to introduce "dim sum bonds" from Hong Kong to speed up the development of small and medium-sized enterprises' aggregate bonds and local government bonds.In order to improve the overall structure of China's bond market from the system and variety.There are a lot of errors in the writing, please be criticized by the leading teachers to correct!!!
【学位授予单位】：辽宁师范大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：O29;F832.51

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