The company had negative operating cash flow in the first six months of 2013, requiring it to tap external funding to meet its financial needs and obligations, according to the prospectus of a recent bond offering. 根据万达近期的债券募集说明书,去年上半年和今年上半年,公司的营运现金流均为负值,需筹集外部资金以满足其财务需求。
Statistical description shows capital resource of listed agribusinesses: external capital is mainly obtained by access to stock market, next the financial institutions and commercial credit, and little by bond market. 通过描述性统计分析,本文得到了农业上市公司资金来源:农业上市公司的外部资金主要通过股票市场获得,其次通过金融机构和商业信用获得短期负债,而通过债券市场获得的资金十分有限。
Chinese external assets have been accumulated up to several hundreds of millions dollars at present, most of which, however, is bond and monetary investment short of controlling interest, and in which the proportion of direct investment is very low. 当前中国的对外资产累积有几千亿美元,但绝大部分是缺乏控股权的债券与货币性投资,直接投资所占份额很少。
Based on the above-mentioned reasons and China's national features, effective strategy is proposed from the aspect of internal institution and external environment of corporate bond market. 针对前文分析的种种原因,结合我国具体情况,提出从公司债券市场内在制度和外在环境着眼的有效发展战略。
Analysis of the external environment and internal supply and demand of enterprise bond market 对企业债券市场外部环境及内部供求的分析
According to Basel II, external credit rating process is based on credit rating agency ′ s bond/ debt rating, which ensures bank risk management. 《新巴塞尔资本协议》的外部信用评估是在外部信用评估机构对债券(或债务)信用风险等级评定的基础上对银行风险的监管。
In the paper, the external and internal research status of the bond between concrete and steel bar are completely reviewed. The test methods, bond mechanism, the factors of the strength of bond, bond-slip relationship and FEM analysis are introduced. 介绍了国内外研究钢筋与混凝土粘结性能的现状,从试验方法、粘结机理、影响因素、粘结滑移本构关系和数值分析方法等方面进行了论述,为钢筋与混凝土粘结性能研究提供参考。
Formation external collapse load is transferred to the casing through bond cement. The law of the influence of bond cement property on external collapse load transfer reveals the relation between both of them. 地层外挤载荷是通过水泥石传递到套管上的,水泥石性能对外挤载荷传递的影响规律,揭示了套管外挤载荷与水泥石性能之间的关系。
External prestressing means that the prestressing bars are disposed outside the beam bodies, which in tradition are inside the beams with or without bond. 体外预应力是指预应力筋布置在混凝土梁体以外的预应力,与之相对的即为传统的预应力筋布置在构件截面内的有粘结或无粘结预应力。
Through the theoretical calculation, we get the conclusion that when adopting the light concrete self-hung board as the external insulation of the high building, the reinforced steel of this thermal insulating board can bear the load under the holding power of the concrete without bond failure happening. 通过理论计算,得出采用轻质混凝土自挂板作为高层建筑外墙外保温时,该保温板钢筋在混凝土的握裹力下能抵抗所受荷载作用而不发生粘结破坏。
And external financing is generally divided into bank loans, bond financing and equity financing. 而外部融资一般分为银行贷款、债券融资和股权融资。
It is a key to internal which reflects the reasons of our national appearance of history and aesthetic culture; a bridge to external, the bond of culture interchange. 东西方交流当中的青花对内是一把钥匙,它可以反映我们民族的历史风貌和文化审美的成因;对外是一座桥梁,是文化交汇的纽带。
From perspective of financial markets shaped by enterprise external financing channels, there is a triangle relationship of equal importance among corporate bond, stock market and bank loan in those mature market economies. 在成熟的市场经济体系中,就企业外源融资而形成的金融市场来看,公司债券、银行信贷和股票之间呈现出一种三足鼎立的关系。
Secondly, it analyzes the unique benefits and costs of ICM relational financing from the stand point of the resource differences between the internal and external capital market, and characteristically divides ICM relational financing into internal equity financing and internal bond financing. 其次,从内、外资本市场资源差异的角度分析内部资本市场关系融资特有的收益和成本,将内部资本市场关系融资按性质分为内部关系股权融资和内部关系债权融资。
Then, from the view of the external finance premium, this paper analyses the theory of relationship between the corporate bond credit spread and economic growth by constructing partial equilibrium model and general equilibrium model. 然后,从外部融资溢价角度构建出局部均衡模型和一般均衡模型对企业债信用价差与经济增长信息进行理论分析。
The reaction can proceed smoothly without external oxidant, which features a distinct internal oxidant, N-N bond, as a reactive handle for catalyst turnover. 反应可以顺利进行,无需外氧化剂,它具有一个独特的内氧化剂,即N-N键,促使这个催化反应能够有效的循环下去。