Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

PL EN


2013 | 93 | 73 - 86

Article title

Prawne aspekty emisji obligacji przez jednostki samorządu terytorialnego

Selected contents from this journal

Title variants

EN
LEGAL ASPECTS OF THE ISSUANCE OF BONDS BY LOCAL SELF-GOVERNMENTS

Languages of publication

PL

Abstracts

EN
The paper presents the issuance of bonds as a form of capital raising and the procedure for issuance of bonds by units of local self-government. It presents institutional and legal conditions of the Polish capital market. Units of local self-government have been issuing municipal bonds on an increasing scale in recent years. The funds raised on the capital market are an alternative to bank loans which are the source of financing of the budget deficit and government investments. Units of local self government invest in roads, education, environmental protection, purchase of vehicles for public transport. The purpose of this article is also to analyze the legal regulations related to the issue of bonds on the regulated market.

Keywords

Year

Volume

93

Pages

73 - 86

Physical description

Contributors

  • Uniwersytet Wrocławski

References

Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.desklight-1cd705b7-874b-4978-8c3a-eef587d1e4f5
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.