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地 方政府债券是由有财政收入的地方政府及地方公共机构发行的债券 ,其收入一般用于交通、通讯、住宅、教育、医院和污水处理系统等地方性公共设施的建设。一、开放地方债券市场是大势所趋１９９５年开始实施的《中华人民共和国预算法》第２８条明文规定 :“除法律和国务院另有
Local government bonds are bonds issued by local governments with financial revenues and local public institutions. Their revenues are generally used for the construction of local public facilities such as transportation, communications, housing, education, hospitals and sewage treatment systems. First, the opening up of the local bond market is the dominant trend In 1995, “Budget Law of the People’s Republic of China,” Article 28 explicitly states: "In addition to the law and the State Council separately