municipal bonds 中文意思是什麼
municipal bonds
解釋
市政公債-
For the purpose of these conditions, securities shall include but not be limited to the following investments shares in companies incorporated in any jurisdiction ; debenture stock, loan stock, bonds, notes, certificates of deposit, commercial paper or other debt instruments, including government, public agency, municipal and corporate issues ; warrants to subscribe for the above investments ; depositary receipts or other types of instruments relating to the above investments ; unit trusts, mutual funds and similar schemes established in any jurisdiction, options, whether on any investment herein described, on currencies, precious metals or other assets, or an option on an option ; contracts for the purchase or sale at a pre - agreed price and at a future date of any investment herein described or any currency, precious metal or similar asset ; viii contracts for differences or contracts on indices ; investments which are similar or related to any of the foregoing ; and unless otherwise expressly agreed, documents of title or documents evidencing title to investments previously deposited by the customer with the bank in connection with the provision by the bank of custody of investments and provision of securities services
此等條件所指的證券包括但不限於以下投資項目i在任何司法管轄權區注冊成立之公司之股份ii包括由政府公共機構市政府及企業所發行的債權股證貸款股額債券票據存款證商業票據或其他債務票據iii以上投資項目之認購權證iv有關上述投資項目之存款收據或其他種類之票據v在任何司法管轄權區成立之單位信託互惠基金及類似計劃vi上述之任何投資項目貨幣貴金屬或其他資產之期權或期權之期權vii按預先協定價格及在將來日期買賣任何此等投資項目或任何貨幣貴金屬或類似資產之合約viii差價合約或指數合約ix類似或有關上述任何一項之投資項目及x除非已另有明確的協定，客戶先前存放在本行之投資項目之所有權文件或可證明該等項目的所有權的其他文件。 -
To subscribe or acquire by any means whatsoever and to hold and deal in shares, stocks, debentures, debenture stock, bonds, obligations and securities issued or guaranteed by any company constituted or carrying on business in any part of the world, and debentures, debenture stock, bonds, obligations and securities issued or guaranteed by any government, sovereign ruler, commissioners, public body, or authority, supreme, municipal, local or otherwise whatsoever and mortgages, charges and other securities created or constituted by any person or body corporate in respect of any property movable or immovable wherever situate
捐款或以其它手段獲得、持有並處理世界范圍內各公司發行的各類股票、債券、公債、及有價證券，或由各國政府、君主、政府專員、公共團體及各類市政機構發行或擔保的各類債券、公債、及有價證券等，以及由任何個人或法人團體所做的關于任何動產或不動產的抵押、交易等。 -
The former mostly includes finance trench, which consists of urban maintenance and constructive tax, add - ons of public utility, urban land - using tax, the debt of local government, remise of urban state - own land - using right and special national debt capital, and so on ; administrative charge trench, which consists of apportion, raising the price of urban infrastructure products and services, and so on ; practicality investing trench, which mostly consists of corresponding capital for urban infrastructure provided by real estate exploiters ; other financing trenches, which consist of time - limiting remise of operating authority on urban infrastructure section, introducing into foreign capital, short term loan of civil financing institution, and so on. the latter includes the innovation on the main investors, which consist of the anticipation of civilian capital and other non - financing institutions, and the innovation on financing tools, which consist of project financing, investment funds on industry, municipal bonds and initial public offering, and so on
前者主要指以政府作為投資主體下的各種融資工具，包括財政稅收渠道（包括城市維護建設稅和公用事業附加、城鎮土地使用稅、地方政府債務、城市國有土地使用權有償出讓、國債專項資金等） ；行政收費渠道（包括攤派、提高基礎設施產品和服務的價格等） ；實物投資渠道（主要是讓房地產開發商為城市基礎設施提供配套資金） ；其它融資渠道（包括市政設施部門專營權有限期出讓、引進外資、國內金融機構的短期貸款等） ；後者則包括融資主體的創新（民間資本的參與以及其它非銀行金融機構的介入）和融資工具的創新（項目融資、產業投資基金、市政債券、股票上市等） 。 -
It point out that the essential of municipal bond is the problem on repaying debt and assuring to local governments, the key factor is to enhance credit through credit enhancement, the extrude specialty is its revenue of interest except from tax. after analyzing an obligation and revenue bonds, it studies the origination : its issue principal part, the usage of financing, investors and intermedium ; the steps on the control of risk : the restriction on rights to creditor and the volume of debts ; the special regulation department ; the wide exertion of market and the clear duty system and guarantee on repaying
在分析一般責任債券和收入債券后，探討了市政債券市場的運作，具體分析了市政債券的發行主體、資金用途、投資者和中介機構；在此基礎上，深入研究了美國市政債券市場的風險防範措施：法律對舉債權和舉債規模的嚴格限制、設置專門的監管機構、廣泛發揮社會的監督力量、建立清晰明確的責任體系和通過保險加強債券的清償保障。 -
The sound credit records of the two borrowing enterprises involved with the trust project are maintained, and icbc beijing municipal branch shall exercise the strict supervision over the receipt and transfer of the amounts in the “ special account of the trust funds ” in accordance with the trust loan agreements and they shall be mutually guaranteed by agricultural bank of china and icbc beijing municipal branch under the condition of the irrevocable principal and interest suretyship of joint and several liabilities, which ensures that the credit enhancement of the trust project reaches the level of the financial bonds and reduces the risk level considerably
本產品所涉信託項目的兩家借款企業信用記錄良好，中國工商銀行北京市分行按照信託貸款協議約定對「信託資金專戶」內的款項進行收劃並進行監督，並由中國農業銀行總行與中國工商銀行北京市分行分別提供不可撤銷本息連帶責任保證，使信託項目信用增級達到金融債水平，風險程度較低。 -
This paper analyses domestic political and economic situation, then prescribes how to build and develop municipal bond market in china as to satisfy the large volume need of capital and money to prompt the growth of capital market in china. first, it introduces some basic concepts and axioms on municipal bonds, and points out the credit of local government is the base of market, emphasizing it is a reflect of corporation, the uniting of trust obligation and bankrupt restriction and has strict choice. then it gives a simple introduction on municipal bonds market in germany, france, and japan
本文首先介紹了有關市政債券的一些基本概念和理論，強調了市政債券是地方政府法人資格的體現、是信託責任和破產約束的結合，有著嚴格的選擇性，並且強調地方政府信用在市政債券市場上的奠基作用和地方政府違約的反面經驗；接著簡要介紹了發達國家英國、德國和日本的市政債券市場，詳細介紹了美國的市政債券市場，指出美國市政債券的實質是地方政府的信用落實還債和擔保問題，它的關鍵在於通過信用增級提高信用水平，它的突出特點是利息收入免稅。 -
With the combination of theory and practice, this thesis reveals the financial shortage in the present city construction and expounds on the basis of referring to international experience the practice of three major funds raising approaches in china - - - - - city infrastructure construction governmental investing and funding, project investing and funding and municipal bonds. and what ' s more, the thesis puts up the development direction of chinese city infrastructure construction funding pattern in the years ahead. this thesis falls into five chapters : chapter one : introduction, the basic conceptions and the practical meaning of choosing the subject ; a brief introduction of the theoretical foundation of city infrastructure construction investing and funding - - - - - public goods theory
本文共分五章：第一章為導言，提出本文的基本概念和選題的意義，並簡要介紹了城市基礎設施投融資的理論基礎? ?公共物品理論；第二章在對城市基礎設施內部分解和投資主體界定的基礎上，借鑒國際經驗反思我國的政府投融資方式；第三章著重論述bot和abs方式在我國的運用，分析這兩種融資方式在實踐中應注意的問題，提出內資bot的操作方案和abs方式的國際運作；第四章參照國際慣例，設計了我國發行市政債券的試行方案，分析了我國發行市政債券應注意的問題；第五章在前面論述的基礎上，比較了世界上兩種典型的城市基礎設施融資模式，界定了我國城市基礎設施融資模式，提出了發展我國城市基礎設施融資模式的政策建議。 -
Interest income of municipal bonds is except from federal income taxation. the interest income also is exempt from state and local taxation in the issuing state
市政債券的利息收入不用交納聯邦利息稅，利息收入在所發行的州也不用交納州和地方所得稅。 -
The current yield on municipal bonds is 10 %
當前市政債券的利潤是百分之十。 -
The municipal bonds in america and its reflection on china
試論我國發展市政債券市場的必要性 -
The legal analysis of municipal bonds in infrastructure finance
基礎設施市政債券融資的法律保障分析 -
The discussion about the necessity of developing ourcountry municipal bonds
論我國政府債券市場的功能及其發展 -
Research on municipal bonds financing participating in sports infrastructure construction
市政債券融資方式參與體育基礎設施建設的研究
分享友人