会议专题

Municipal Bond Issuance of Kunming Based on KMV Model

This paper mainly discusses the security issue size of the Kunming municipal bonds, the article first analyzes the background and reasons of the municipal bonds in China, and recalls Kunmings urban construction and municipal bonds issued. Then the author uses the KMV model to measure the credit risk of the Kunming municipal bonds and safety issue size. At the end, the paper gives some policy recommendations based on the empirical results.

Municipal bond issue size economy of Kunming

GAO Bing WANG Yanzhang

Faculty of Management and Economics, Dalian University of Technology, Dalian, China, 116024

国际会议

The 4th (2012) International Conference on Financial Risk and Corporate Finance Management(第四届(2012)金融风险与公司金融国际研讨会 FRCFM)

大连

英文

357-363

2012-07-07(万方平台首次上网日期,不代表论文的发表时间)