Tržište kapitala u Federaciji Bosne i Hercegovine sa posebnim osvrtom na obveznice kao izvor dugoročnog finansiranja
Capital Market in the Federation of Bosnia and Herzegovina with a Special Emphasize on Bonds as a Source of Long-term Financing

Summary/Abstract: Bonds, as the most common form of the long-term debt of all world stock exchanges of the capital, the appropriate form to the long-term capital needs for the division into smaller parts, the company makes it easy to access much larger sum of the money, but you could get from just one source of the credit. Their diversity is characteristic of the developed capital markets. Bonds, as an instrument, take up a key position in the capital market, due to the volume of turnover, and because of their liquidity. This paper discusses the basic types of bond markets, the possibility of measuring the yield of bonds, factors of instability bond price and the current level of development of capital markets in the FBiH.

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