韩国企业集合债券信用增级模式及其借鉴  

South Korean Companies Set Bond Credit Enhancement Mode and the Reference

作　　者：邹炜[1] 邹晓云[2] 

机构地区：[1]中国人民银行海口市中心支行,海南海口570105 [2]海南大学,海南海口570228

出　　处：《上海金融学院学报》2011年第2期30-37,共8页Journal of Shanhai Finance University

摘　　要：信用增级机制不完善是目前影响我国中小企业集合债券发展的突出问题,严重制约了我国中小企业债券融资的发展。而我们的近邻——韩国的中小企业集合债券(P-CBO)融资模式经过10多年的发展,已较好解决了其中小企业发债融资难问题,对我国中小企业发展具有重要的启示作用。本文通过对韩国P-CBO信用增级模式的全面研究,在深入分析我国中小企业债券信用增级现状和问题的基础上,总结了韩国P-CBO增信模式对我国中小企业债券融资的借鉴意义。Credit enhancement mechanism imperfect is small and medium-sized enterprises in China presently influenced the development of outstanding problems collection bonds in China,which seriously restrict the development of small and medium-sized enterprise bond financing.And our neighbors-South Korea＇s small and medium-sized enterprise set bonds（P-CBO） financing mode through 10 years of development has better solve the difficulty in financing issuer of small businesses in our country,has the important enlightenment function.This article through to South Korea P-CBO credit enhancement in the comprehensive study mode analysis of small and medium-sized enterprises in China bond credit enhancement based on the present situation and problems,summarizes the Korean P-CBO credit mode for China＇s smes bond financing for reference.

关 键 词：中小企业 集合债券 P-CBO 信用增级 

分 类 号：F279[经济管理—企业管理]