The role of securities in financing agriculture | Hartije od vrednosti u funkciji finansiranja agrara
2010
Radović, G., AD Dnevnik-Poljoprivrednik, Novi Sad (Serbia)
Local agriculture was left with no options to offer competitive credits when the central bank primary issuing was terminated back in 1994. When the agrarian budget was put together in 1996, there were still not enough financial resources which would satisfy the real needs of the local agriculture. Moreover, the agrarian credits available were inadequate both for their quality and the interest rate i.e. placement repayment period. It is therefore necessary to provide new and additional financial funds, which would better fit the needs of the market conditions of earning profile such as, for example, basic securities and derivative securities. Our state is characterized by its undeveloped financial market, incomplete legislative regulating this field, as well as poorly structured and built financial institutions. By adequate placement of the securities in financing the agricultural sector, competitive credits for the local agricultural sector will be possible. In addition, even risk distribution, which is characteristic for the agricultural production, and stable prices of the agricultural products will also be feasible. The following securities can be applied in financing agriculture: commercial papers, commodity-commercial papers (dock warrants), government securities, mortgage bonds, and shares.
Показать больше [+] Меньше [-]Ключевые слова АГРОВОК
Библиографическая информация
Эту запись предоставил Matica Srpska Library