Legislative and economic conditions for corporate bonds issue in Russia

Abstract

Nowadays bonds emission is becoming a more and more wide used instrument to attract Russian enterprises loan financing. But Russian enterprises possibility to start working at the loan market is limited by state legislative regulations and it could not be reasonable from the economic point. The article analyses the present situation and highlights the fact that the law correspondence is the obligatory component to attract fi nancing. At the same time, which are determined as the total combination of external and internal factors, infl uence the main loan parameters which are chosen by an issuer and also infl uence the effectiveness of investments attraction by issuing bonds in comparison with alternative source of fi nancing.