中小企业私募债(垃圾债)的门槛小微企业难以企及,而且其发行规模的扩大,还将对小微企业融资产生挤出效应两会期间,中小企业私募债成为热点。中小企业私募债,又称高收益债、高风险债,有的干脆引用国外提法,叫做垃圾债。在国外,高收益债 Small and medium enterprise private debt (junk bonds) threshold Small and micro enterprises are difficult to match, and the expansion of its offering, will also squeeze the micro-enterprise financing squeeze effect During the two sessions, SME private placement bonds become a hot spot. SME private debt, also known as high-yield debt, high-risk debt, and some simply cited foreign references, called junk debt. In foreign countries, high-yield debt