Title: On the influence of Central Bank Cutting Interest Rate on China Bond Market
Abstract: For a long time, there is the idea that thinks highly of stock and looks down on bond from the government department to enterprise. The central bank acting interest rate this time makes the good chance for the development of bond market. We must try hard from four aspects to develop bond market fully: one, clearing the bond market development target and regulating development strategy; two, reforming the administration procedure according to the principle of market economy; three, prompting new bond product positively; four, establishing and perfecting pay-off system of enterprise bankruptcy to provide a good law environment for the development of bond market.
Publication Year: 2003
Publication Date: 2003-01-01
Language: en
Type: article
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