Issuance of Corporate Bonds in the Czech Republic

Firm prosperity and successful development in difficult conditions of market economy require the realization of business projects which can ensure developing strategy of the firm. The target of every financial manager is to get enough sources of funds in optimal financial structure to finance effective investment projects. When the financial managers carry out a choice of the sources of funds, they have to take into consideration issuing of corporate bonds. The possible characterization of the corporate bonds, their advantages and disadvantages must be also taken into account during the decision making on corporate bonds financing. The article deals with corporate bonds issuing activities in the Czech Republic. The attention is also paid to characterization of the Czech corporate bonds.