论文部分内容阅读
随着地方债进入偿还高峰期,地方政府所面临的偿还压力逐步显现,在宏观经济持续疲软的大环境下,国务院果断采取债务置换这一重大决策,对降低系统性风险、稳定金融市场、实现经济可持续发展具有重要意义。作为服务国家战略国之重器的中国农业发展银行(下称“农发行”),在地方政府债务置换的新常态下,如何应对置换债券对农发行经营产生的影响,切实发挥政策性金融的逆经济周期调节作用就显得尤为重要。2015年全面启动地方政府债务管理
With local debts entering the peak of repayments, the pressure of repayment faced by local governments is gradually emerging. Under macroeconomic conditions of continued weakness, the State Council decisively adopts the major policy of debt replacement to reduce systemic risks, stabilize financial markets, Economic sustainable development is of great significance. Under the new normal of local government debt replacement, the Agricultural Development Bank of China (ADBC), as a key player in serving the national strategy, has responded to the impact of replacement bonds on the management of agricultural development and effectively implemented policy-oriented finance The role of reverse economic cycle regulation is particularly important. In 2015, local government debt management will be fully launched