中国式市政债券—城投债发行问题研究

发布时间：2018-01-03 01:42

本文关键词：中国式市政债券—城投债发行问题研究　出处：《上海交通大学》2014年硕士论文　论文类型：学位论文

【摘要】：随着我国城镇化的不断推进，地方债务规模也快速增长。由于我国财政体系和金融体制对地方政府融资的限制，各级地方政府纷纷组建地方融资平台发行城投债，而这种城投债与国外的市政债券类似，但是又具有鲜明的中国特色。随着我国地方债务危机的浮现，城投债一时间成了国际社会关注的焦点之一。本文将通过对美国、日本两国的市政债券发行模式对比分析，，梳理我国城投债发展的轨迹，并结合某城投公司发行城投债的实际案例，探讨我国城投债目前存在的问题以及目前地方政府以城投公司名义搭建融资平台，发行城投债的方式进行融资是否是我国解决地方政府城镇化过程中资金问题较好的出路，在地方债务压力较大的情况下，城投债这种发行模式应如何作出调整等问题。
[Abstract]:With the continuous development of urbanization in China, the scale of local debt is also growing rapidly, due to the financial system and financial system of the local government financing constraints. Local governments at all levels have set up local financing platforms to issue city debt, which is similar to foreign municipal bonds, but also has distinct Chinese characteristics. With the emergence of local debt crisis in China. The city investment bond has become one of the focus of the international community for a while. This paper will comb the track of the development of the city bond through the comparative analysis of the two countries of the United States and Japan municipal bond issuance model. Combined with the actual case of a city investment company issuing city investment debt, this paper discusses the existing problems of the city investment debt in our country and the local government building financing platform in the name of the city investment company at present. Whether the way of issuing city investment debt financing is a good way to solve the problem of local government in the process of urbanization, in the case of local debt pressure. The city investment bond this kind of issue pattern should make the adjustment and so on question.
【学位授予单位】：上海交通大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F812.5;F832.51

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