论文部分内容阅读
2014年第一季度点心债发行量创下单季新高,已达到去年全年发行量的一半。这背后有发新债再融资、发债成本降低、投资内地的需求等供给方面的因素影响,以及有利的市场环境、分散风险需要和投资者更趋多元化等需求方面的支持。以目前的情况判断,今年全年的点心债发行量可显著超过去年。若再有点心债相关有利政策出台,点心债市场可望迈入发展的新阶段。第一季度点心债发行概况发行量创单季新高。点心债市场
In the first quarter of 2014, the issuance of dim sum bonds hit a one-season high, reaching half of the total circulation of last year. Behind this there are new debt repayments, debt issuance costs, the demand for investment in the Mainland and other factors, as well as the favorable market environment, the need to diversify the risk and investor demand for more diversified support. Judging from the current situation, the total amount of dim sum bonds issued this year can significantly surpass that of last year. If there are more favorable policies related to the introduction of dim sum bonds, the dim sum bond market is expected to enter a new phase of development. In the first quarter, the issuance of dim sum bonds hit a new record high. Dim sum debt market