PLACE OF CORPORATE BONDS MARKET IN ECONOMIC DEVELOPMENT

Abstract: the study is aimed at studying the corporate bond market. The article considers the main parameters that potential issuers should have. The main advantages of financing by issuing corporate bonds over standard bank lending, in the form of maximum funding, lack of collateral, lack of dependence on one lender, obtaining a public credit history, are also considered.

It is not always enough and convenient for enterprises to use standard lending provided by commercial banks. In this regard, there is a need to use alternative sources of financing, which can be directed to the expansion of production, its modernization, technological development, re-equipment, development of new products and services. In addition, enterprises enter the public market of corporate bonds in order to obtain a public credit history. Also, there is an adjustment by potential investors, creditors and counterparties, which further allows the company to place new loans on more favorable terms. Some Russian companies are entering the corporate bond market for the first time not so much to raise funds as to create an image.

In the corporate bond market in the regions there is a significant imbalance in the number of issuers and the volume of corporate bonds in circulation.

Keywords: securities, corporate bonds, issue, investments, financing, investor, issuer

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