REVENUE BOND MARKET IN POLAND Cover Image

Rynek obligacji przychodowych w Polsce
REVENUE BOND MARKET IN POLAND

Author(s): Maciej Pawłowski
Subject(s): Economy, Financial Markets
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: bonds; revenue bonds; finances of local government units

Summary/Abstract: The article discusses the basic features of a revenue bonds which are established in polish law system. Against such a backdrop, a development of the polish revenue bond market is characterized with an attempt to identify the conditions determining the degree of utilization of revenue bonds in the policy of financing local government units. The paper also includes the analysis and evaluation of the protection mechanisms of bondholders and brings more detailed information about the problem of disclosure obligations of the revenue bond issuer.

  • Issue Year: 125/2016
  • Issue No: 4
  • Page Range: 289-298
  • Page Count: 10
  • Language: Polish