Comparison of Government Bonds in China and in the USA

Yujie Liang

Bakalářská práce

Anotace:

Government bonds, including central government bonds and local government bonds, are the primary sources of revenue for all government levels in a country. Treasury bond yield curve is one of the essential curves in finance. It can reflect investors' willingness to invest in all kinds of central government bonds. A third-party international rating agency cooperates with the United States to rate its municipal bonds, and China has not yet cooperated with such a rating agency. Every country should actively fight against the epidemic and revive the economy. The purpose of this paper is to compare Chinese and American government bonds with data.

Abstract:

Government bonds, including central government bonds and local government bonds, are the primary sources of revenue for all government levels in a country. Treasury bond yield curve is one of the essential curves in finance. It can reflect investors' willingness to invest in all kinds of central government bonds. A third-party international rating agency cooperates with the United States to rate its municipal bonds, and China has not yet cooperated with such a rating agency. Every country should actively fight against the epidemic and revive the economy. The purpose of this paper is to compare Chinese and American government bonds with data.

Klíčová slova

Central government bonds, Local government bonds, Treasury bond yield curve, Municipal bonds, Supervision, Rating agencies, Holder structure

Keywords

Central government bonds, Local government bonds, Treasury bond yield curve, Municipal bonds, Supervision, Rating agencies, Holder structure

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 7. 5. 2020

Obhajoba závěrečné práce

• Obhajoba proběhla 8. 7. 2020
• Vedoucí: Kateřina Kořená
• Oponent: Aleš Kresta

VŠB – Technická univerzita Ostrava

Ekonomická fakulta

Bakalářský studijní program / obor:
Hospodářská politika a správa / Finance