OBLIGACJE KOMUNALNE W POLSCE (PROCEDURY EMISJI I ANALIZA RYNKU)
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Date
2001
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Wydział Prawa i Administracji UAM
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COMMUNAL SECURITIES IN POLAND. AN ANALYSIS OF RESPECTIVE MARKET AND PROCEEDINGS OF EMISSION
Abstract
The article is an evaluation of real functioning of the market of communal securities in Poland.
The Author has aimed at a presentation of development of this market during the last five
years, i.e. since the new law on securities went into force.
The paper is composed with three parts the first of which informs us about the essential
points of emitting securities by particular units of territorial self-government in Poland and about
the tasks of such an emission. Particular attention is here paid to different kinds of communal
securities met on respective market in Poland within the analyzed period with special reference to
the most popular ones among the communes and counties. The second part o f the article presents
legal and economic procedures of communal securities’ emission such as they were shaped in
Poland since 1995. The last part comprises information on the global volume and dynamics o f this
market.
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Citation
Ruch Prawniczy, Ekonomiczny i Socjologiczny 63, 2001, z. 1-2, s. 111-130
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0035-9629