Chemodurov О. The Investment Risks of Corporate Securities

The process of investment raising. The justification of approaches to estimation of corporate security risks. The research methods are system analysis, factor analysis, comparative efficiency analysis, statistical analysis and imitation modeling. The factors of providing of financing of the investment and innovative activity are systematized. The model of bond estimation with taking credit risk into account is developed. Competitive preferences of Ukrainian securities are defined and appraised. A new bond type is suggested. The continuous model of bond estimation is developed. A new index of bond is suggested. The methodology of equity portfolio formation is adapted for bond portfolios. A new method of accounting for risk preferences of investors when choosing the optimal portfolio is suggested. The method of estimation of the present value of a bond portfolio is applied by the investment company. The area of the application is government control of security market.