摘要
中国城投债的发展不仅能够满足城市化进程中地方政府对城市建设资金的巨大需求,也有利于中国债券市场结构的优化和融资结构的优化。但城投债的发展也面临五大风险:发债主体赢利风险、注入资产风险、外部增信风险、信用评级风险和地方政府风险。做好城投债发行承销工作,有利于商业银行做大做强投资银行业务,推动银行经营与盈利模式转型。
The development of municipal bonds will not only supply funds to urbanization for local governments in urban constructions,but also benefit the optimization of bond market structure and the financing structure.However,the development of municipal bonds also faces some risks such as profit risk,asset risk,external trust risk,credit rating risk and local government risk.In addition,municipal bonds are conducive for commercial banks to developing investment banking business and to promoting the transformation of operations and profit model.
出处
《郑州师范教育》
2013年第1期86-91,共6页
Journal of Zhengzhou Normal Education
关键词
城投债
风险
商业银行
机遇
municipal bonds
risks
commercial banks
opportunities
