Time to Promote the Convertible Bond Market
As a capital market financing instrument, convertible bonds--which have characteristics of both stocks and bonds--have unique advantages. The development of the convertible bond market can be of great significance in promoting supply-side structural reforms as they apply to China's financial markets. These instruments can also improve products across a multi-tiered capital market. They can also improve the structure of direct financing, reduce financing costs of enterprises and enrich the pool of investment products in the nation's financial markets.
【CateGory Index】： F832.51