金融危机中的美国市政债券市场  

U.S. Municipal Government Bond Market in Financial Crisis

作　　者：于晨光[1] 

机构地区：[1]东北财经大学,辽宁大连116025

出　　处：《西部金融》2012年第1期58-61,共4页West China Finance

摘　　要：随着美国次贷危机的进展,美国市政债由于其相对安全性,反而受到投资者的追求,促使市政债发行量增加,降低了市政债市场溢价。同时,危机的破坏性作用引起了美国整个经济体制和金融体制的改革。市政债市场的改革则体现在官方监管制度改革、自律制度改革以及具有危机特点的产品创新。这些改革的目的是提高市场透明度,更好地保护投资者、市政债发行者,促进市场效率,以重振美国经济,并促进美国经济健康发展。With the unfolding of crisis, municipality government bond surprisingly welcomed by investors owing to its safety, pushing up its issuance and driving down its market premium. At the same time, the destructive force triggered the reform of economic and financial system. The reform of municipal government bond market affect regulatory regime, self-discipline regime, and product innovation. The aim of reform is to enhance market transparency, protect investors and municipal government issuer, promote market efficiency so as to display American economic vigor and promote the sound development of America economy.

关 键 词：美国 金融危机 债券市场 

分 类 号：F830.5[经济管理—金融学]