公司债券初次公开发售时最低承诺价格测算方法

Calculating method of minimum promise price for company's bond openly sold for the first time

针对公司债券初次公开发售时定价较低的问题,从生产企业实际利用所筹集资金的具体情况入手,以资源在企业中的“影子价格”为衡量标准,量化测定了公司债券的最低承诺价格,以该价格作为定价基准可以较好地解决困扰公司债券承销商的复杂繁琐的定价问题。

According to a lower price for the company's bond to be openly sold for the first time,this paper starts with the actual use of the specific condition of the raising capital in producing enterprise,and regards 'shadow price' of resources as the measure standard,then works out the minimum promise price of the company's bond.With this price as standard,the complex price problem puzzling the company's bond sellers can be solved properly.