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folding money 〔美國〕紙幣;巨款。

folding rule

As a new financing instrument , since convertible bond came to the capital market of china , becase of its speclation and investment , it was accepted by government and companies and investors convertible bond may play an important role in broadening enterprises ' financing channels , enrich the variety of investing instruments and make our security market prosperous . csrc has issued the interrelated rules for public firms issue the convertible bonds . until the end of 2001 , it has 55 firms plan to issue the the convertible bonds . but by end of 2002 only 5 firms issued the convertible bonds because of investor ' worry . but in 2003 , the management strengthens the security market such as some public firms just to “ fold money “ , the convertible bonds become the most invest tools for the public firms refinance . only if the behavior of issuing convertible bonds is normalized our security market can tend towards a mature way , social capital can be optimized , and the public firms can also develop in an ample area . this paper base on the character of the convertible bonds 國務院證券委員會在1997年3月25日頒發了《可轉換公司債券暫行管理辦法》 ,又于2001年4月26日頒發了《上市公司發行可轉換公司債券實施辦法》關于可轉換債券的規定和條例,對上市公司發行可轉換公司債券的要求條件比配股、增發更為寬松,截止到2001年4月,有200多家上市公司夠發行可轉換債券資格,到2001年底有55家公司計劃發行可轉換債券,但受到一些上市公司通過配股、增發等“圈錢”的影響,投資者對上市公司通過發行可轉換債券再融資是不得不持審慎態度, 2002年全年僅5家公司實施了可轉換債券,共籌集資金41 . 5億元人民幣,從總體發行情況看,發行規模越來越小,利率越來越高,投資者認可程度越來越低,發行和交易狀況每況愈下。

American folding money is green , of uniform size and design , with a picture of a dead president on it 美國的紙鈔呈綠色,大小和樣式都是統一的,上面繪有一位已故總統的肖像。