A Study Of Developing The Bill Market Of Our Country

The bill has become one of the important financial tools in market economy.It is also an important mean of present payment and settlement.As the place of the circulation of bills,the bill market has supplied the sufficient liquidity of the spread and population of bill.The development and completement has become more and more important for the development of the currency market in our country.Although the market has got a great progress in out country,it remains backward comparing to other sub-markets of the currency market,and its future and the mode of development have also become the heat point that many scholars would like to study.Foreign bill markets have formed their specific modes after a long-time perfection.Many solutions used by each country to develop the bill market give us very important references,such as,build up the system of commercial credit;enrich the trade partners and tools;introduce the intermediary to the bill market and develop the electric bill.Starting from the point of reality the author found that compared to foreign develop bill market,there are many problems in our bill market,for instance, backward foundation,unleveled development,low-leveled electrify,poor kinds of trade tool,lack of various partners,legal intermediary and unified bill market. Learning from the experience of foreign bill market,the author gives some advices to speed up the development of our bill market and put forward the ideal of introducing the market-maker rule to the bill market.Firstly,we should make our efforts to enlarge the market scale by enriching the tools of bill trade,developing financing bill and pushing the use of electric bill.Secondly,we should permit more and more entities to take part in the market.Thirdly,it's time to introduce the market-maker rule to the bill market.Fourthly,we should set up a net platform to the bill information.Finally,it's necessary to strengthen the credit environment of bill market.