GLOBALNO TRŽIŠTE KORPORATIVNIH OBVEZNICA

Abstract

In this paper, the author presents the situation in the global corporate bond market. Highlights the three largest corporate bond markets in the world - the US, China and the EU market. In the corporate bond market, mostly medium and large companies borrow, while this is much less often the case with small and medium enterprises. A developed and liquid corporate bond market is extremely important because it provides capital for investments, job financing and economic growth. The liquidity of this market has been called into question with the crisis 2007/2008 and the recession in which economies around the world found themselves. In order to help their economies and get them out of the crisis, and to provide capital to finance companies for business ventures, the states have also taken on an important role. The corporate bond market is reviving after the global financial crisis of 2007/2008, and is supported by unconventional monetary policy measures of some central banks in order to ensure the recovery of economies in crisis and provide the necessary liquidity.