企业债务融资工具发行程序及分析

The Analysis of Financing Instrument Issued Procedure for Corporate Debt

长期以来,我国形成了以间接融资为主的融资结构,企业融资主要依靠银行信贷资金。近几年,随着金融改革创新的快速推进,我国直接融资比例快速上升,而银行间债券市场债务融资工具已成为企业最重要的直接融资渠道。本文论述了债务融资工具的基本概述、发展现状和优点,企业债务融资工具发行程序、应关注的问题和发行举措,以期为企业拓宽融资渠道、降低融资成本提供参考。

For quite some time, our country formed the financing structure with indirect financing as the main and corporate financemainly rely on bank credit funds. In recent years, along with rapid advance of financial reform and innovation, the proportion ofdirect financing is on the rapid rise in China while debt financing instruments in bond market between banks have become the most importantdirect financing channels for enterprises. This paper expounds basic overview, development status and advantages, financinginstrument issued procedure for corporate debt and its relative issues to be concerned so as to provide reference for broadening the financingchannels and reducing the cost of financing for enterprises.