The specifics of issuers’ and investors’ activities in the third^tier bond market
https://doi.org/10.24182/2073-6258-2025-24-3-24-29
Abstract
The article examines third–ier listed bonds as an alternative tool for attracting financing for small and medium–sized businesses in conditions of limited access to bank loans. The author analyzes the key characteristics of issuers in this segment, including their industry structure, listing requirements, and government support features. The measures to stimulate the issuance of third–tier bonds, such as subsidizing coupon payments and the participation of development institutions, as well as the scope of such measures, are considered in detail.
About the Author
P. A. Komarov
Financial University under the Government of the Russian Federation
Russian Federation
Russian Federation
Student
Moscow
References
1. Tropina J.N. Specifics of the issue and circulation of commercial bonds. Contentus 2018. № 7(72). S. 19–24.
2. Tropina Zh.N. Not in money happiness... Commercial papers as a tool to attract financial resources. Russian entrepreneurship. 2004. № 11. S. 64–67.
3. Tropina Zh.N. Not in money happiness... Commercial papers as a tool to attract financial resources. Russian entrepreneurship. 2004. № 9. S. 68–71.
4. Boomin. Bonds of microfinance companies: is there an idea in MFI bonds? – URL:https://boomin.ru/publications/article/obligatsii-mikrofinansovykh-kompaniy-est-li-ideya-v-bondakh-mfo.
Review
For citations:
Komarov P.A. The specifics of issuers’ and investors’ activities in the third^tier bond market. Scientific notes of the Russian academy of entrepreneurship. 2025;24(3):24-29. (In Russ.) https://doi.org/10.24182/2073-6258-2025-24-3-24-29
Views:
9
Email this article 
