Wpływ zmian prawa na emisje obligacji komunalnych w III Rzeczpospolitej
Influence of changes in law on the issuances of municipal bonds in Poland after 1989
Author(s): Krzysztof FlakSubject(s): Law, Constitution, Jurisprudence, Recent History (1900 till today), Government/Political systems
Published by: Oficyna Wydawnicza KA AFM
Keywords: municipal bonds; law on bonds; bond issuance; bond listing;
Summary/Abstract: The Polish laws governing the issuances of municipal bonds has been amended several times since 1989. The situation was stable with positive influence on municipal bonds market. Introduction few years ago of possibility of listing on stock exchange was a significant change. On July 1st, 2015, new Polish law on bonds with regulations regarding municipal bonds came into force. A preliminary assessment indicates that no material changes are connected with that law except for perpetual bonds.
Journal: Studia Prawnicze: rozprawy i materiały
- Issue Year: 19/2016
- Issue No: 2
- Page Range: 153-162
- Page Count: 10
- Language: Polish
