The following information was submitted:
Transactions: WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICS
Transactions ID Number: 29-272
Full Name: Catalin Popescu
Position: Associate Professor
Age: ON
Sex: Male
Address: B.dul Republicii, 116, Ploiesti
Country: ROMANIA
Tel: 0040721547571
Tel prefix:
Fax: 0040244575847
E-mail address: catalin_nicolae@yahoo.com
Other E-mails: cpopescu@upg-ploiesti.ro
Title of the Paper: A managerial approach regarding the Romanian municipal bonds market in regional context
Authors as they appear in the Paper: Mirela Matei, Catalin Popescu, Mariana Eftimie
Email addresses of all the authors: mirematei@yahoo.com, catalin_nicolae@yahoo.com, maryeftimie@yahoo.com
Number of paper pages: 10
Abstract: The universe of bonds is huge because the innovative process is very intense. For this reason, the issuers have multiple choices in order to finance their activity and the investors have many possibilities to buy different types of bonds. In Romania, the offer of bonds is limited, the public securities being the most important type of bonds listed on exchange. The municipal bonds are new instruments used by many Romanian local authorities in order to finance their development's activity. These securities are important not only for issuers, but also for local and foreign investors. Many of these securities are traded on the official Romanian stock market - the Bucharest Stock Exchange. For many years, the municipal bonds were the only securities traded on the bonds market of the Bucharest Stock Exchange. In time, even if the dimensions of this market have grown, the share has decreased because new bonds are listed on official stock exchange: corporate bonds and trea!
sury bonds.
Keywords: bond, securities, municipalities, loan, interest rate, capital market, maturity
EXTENSION of the file: .doc
Special (Invited) Session: Municipal bonds – an instrument of financial management used by the Romanian authorities
Organizer of the Session: 612-314
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