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BONDS OF LOCAL GOVERNMENT IN MONTENEGRO

10.15660/AUOFMTE.2016-1.3204

Jasminka ĐUROVIĆ, Miloje A. JELIĆ, Milosav STOJANOVIĆ, Jasminka ĐURIČANIN

jasminka.djurovic15@gmail.com

Volume XXV (XV), 2016/1

General market characteristics of Montenegro are weak development and insufficient transparency, which greatly reflects on a number of achievable capital investments in the previous period. Lately, local government is forced to join emission of bank notes property, which will suffice needs for the missing fund.

Keywords— bonds, capital investments, bank notes market

ISSN 1583-0691, CNCSIS "Clasa B+"