地方政府利用债券融资促进基础设施建设探析

Comment on Local Goverment Use Bond Financing to Promote Basic Installation Construction

市政债券融资作为国际上基础设施融资的主要途径之一,能为有巨大资金需求的城市基础设施建设开辟新的融资渠道,我国已经初步具备了发行市政债券的必要性和基本条件,因此可以考虑选择一些经济发展水平较高、财政收入有保障、债券市场发展较成熟、拥有较广泛的债券投资群体的城市作为试点,发行地方政府债券。

As one of the main way of national basic installation construction financing,municipal bond financing can open new financing way for city basic installation construction which need huge capital.China has already possess the necessity and basic condition of issuing municipal bond initially.So,we can choose some cities to make experiments of issuing municipal bond.These cities should have high level of economic development ,the finincial revenue is secure,have ripe bond market and have extensive bond investment group.