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
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