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-  2018 

Innovative bonds in financing public tasks

DOI: 10.22598/zefzg.2018.2.59

Keywords: bonds, debt instruments, public finance, innovations in the public sector

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Abstract:

Sa?etak The realization of public tasks often requires debt fundraising. Basically, bonds are the main type of debt instruments used by the public sector. However, a high level of public debt and its permanent increase over the past few years force public managers to seek new solutions, other than debt creation, to finance public tasks. The main goal of this paper is to present and discuss new, innovative solutions on the construction of bonds in the light of financing public tasks by means of this very instrumen

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