直接融资工具

近年来，随着国际证券市场的发展，可转换公司债券得到许多国家的高度重视，成为他们直接融资工具中的重要选择。

With the development of international security market in recent years , convertible bond receives more and more attention of many countries and becomes one important direct means of fund-raising .

公司债券作为一种直接融资工具在金融市场上扮演着愈加重要的角色，其市场发展问题也越来越受到研究者们的关注。

As one of direct financing instruments , the corporate bond is playing an increasingly important role in the financial market . Therefore , its development has attracted much more attention from the researchers .

目前，中国直接融资发展缓慢，直接融资工具仅国债一支独秀、股票和企业债券萎缩。

At present , the development of direct financing in China is slow , and only the government bond is outstanding among the di - rect financing tools , however stocks and debenture are shrinking .