Analiza kosztu kapitału przedsiębiorstw przy emisji obligacji korporacyjnych notowanych na GPW w  Warszawie

• Authors: Piotr Zasępa
• Languages of publication: PL

Abstracts

PL

Artykuł nie zawiera abstraktu w języku polskim

EN

Private bond market developed in Poland since the early 90’s of the twentieth century, in the case of the Warsaw Stock Exchange in 2009, the market for bond trading was carried out in most cases, the wholesale market for OTC. September 30, 2009 it was decided to create the Catalyst bond market. This market gives you the opportunity to invest their investments in securities with much less risk than stocks and entrepreneurs can raise funds for the development and diversification of funding sources. In the case of the bond market Catalyst platform combines the features of a  regulated market and alternative trading system, the offer is addressed to individual investors and institutional. The purpose of this article is to show the processes taking place in the Polish financial market in the area of financing to commercial entitiesusing corporate bonds and corporate bond analysis (excluding banks and mortgage bonds) listed on the Catalyst market, thereby determining the cost of financing the company, depending on the individual characteristics of the debt instrument.

Keywords

PL

koszt kapitału; obligacje korporacyjne

EN

cost of capital; corporate bonds

• Publisher: Wydawnictwo Uniwersytetu Marii Curie-Skłodowskiej
• Journal: Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia
• Year: 2013
• Volume: 47
• Issue: 3

Dates

published

2013

online

2015-07-23

Contributors

author

Piotr Zasępa

References

• Ostrowska K., Giełdowe spółki inwestują dzięki obligacjom, „Rzeczpospolita” z  31.08.2012.
• Fabozzi F., Rynki obligacji. Analiza i  strategie, WIG-Press, Warszawa 2000.
• http://gpwcatalyst.pl/dokumenty_informacyjne?bset_id=1001 (27.09.2012).
• http://www.gpwcatalyst.pl/podstawowe_statystyki (21.01.2013).

Identifiers

DOI

10.17951/h.2013.47.3.661