- Tytuł:
-
Emisja obligacji przychodowych - niewykorzystany obszar aktywności banku
Revenue Bonds Issue - Unused Bank Activity Area - Autorzy:
- Cichy, Janusz
- Powiązania:
- https://bibliotekanauki.pl/articles/591821.pdf
- Data publikacji:
- 2013
- Wydawca:
- Uniwersytet Ekonomiczny w Katowicach
- Tematy:
-
Banki
Emisja obligacji
Obligacje
Banks
Bonds
Bonds issuing - Opis:
- Revenue bonds are financial instruments, which have been presented in the Polish legislation since 2000. However, the interest them from potential issuers, such as local governments and utility companies, is negligible. The development of revenue bonds market is dependent on many factors. One of them is certainly increased banks' interest in these securities. Banks are very active in the municipal bond market as issuing agents and investors, so it seems strange that they do not promote revenue bonds among potential issuers, who are characterized by financial credibility, often supported by the rating. Revenue bonds are a very useful source of financing issuer's investment requirements, providing the investor certain profit with low risk. Therefore, searching for new areas of activity, banks should take on the task of developing the revenue bonds market. It will be beneficial for the development of the domestic, non-Treasury debt securities market and the local economy, and thus for small communities. In the study drew attention to the weak development of revenue bonds market. The aim of the study is postulating to greater banks' activity in this area, because in Poland, the development of the financial market segment is often dependent on the scale of commercial bank's operations in this segment.
- Źródło:
-
Studia Ekonomiczne; 2013, 173; 202-213
2083-8611 - Pojawia się w:
- Studia Ekonomiczne
- Dostawca treści:
- Biblioteka Nauki
Artykuł