The Future of Corporate Bonds - Collateral, Risks, New Legal Regulations

Abstract

The following article presents corporate bonds as one of the important ways for entrepreneurs to obtain financing. There were presented the risks of corporate bonds investors i.e. disproportion of information and significant risks occurring mainly on the retail investors. Besides the author presented the new regulations of Act on Bonds which ensure greater security of trading on the bond market. The Act is intended to strengthen control over the bond market through dematerialization and registration of all bond issues in the National Depository for Securities (KDPW), which until now existed only for public offers. The research study results included in the article should contribute to filling the significant gap in the literature of the subject and facilitate conducting analysis of corporate bonds market in Poland.