In the introduction of the master's thesis, the author explains the economic purpose of bond issuance and compares the process of bond issuing with some other methods of financing (equity financing, loan financing). The core of the master's thesis is based on introducing the process of bond issuing and its most typical phases. Therefore, the author chronologically introduces the phase of accepting the decision to issue bonds, the phase of drawing up and approving prospectus, the phase of bond offering and selling and the bond issuance procedure phase, which is taken care of by the central securities depository. In the conclusion of the master's thesis, the author summarises the regulatory framework for the bond issuing process and gives some concluding thoughts on the subject matter.
|