Grizoglazov D. Revenue base of regional budgets and the ways of its optimization

.The essence of corporate bonds is scientifically grounded in the dissertation, types of bonds according to the classified signs is made more systematized, the formation peculiarities of economic relations between the bond loan’s participants are studied, the methodic approaches to the financial reliability’s determination of enterprises-issuers and system of correlation coefficients between the bond's loan volume and the means indicators of enterprise activity, are worked out. The emission processes in the corporate bonds market of Ukraine are examined, beginning with the period of its formation, and the stages of its restoration and development are separated: i.e. the pre-crisis market formation, the post-crisis market formation, the initial market development and the active market development. The enterprises emission activity’s peculiarities of Ukraine mining-extracting industry from bonds issue are revealed and the main restriction factors of these enterprises' financing due to money supply mobilized at the bonds market are set. The theoretical and practical recommendations, dialing with the main forms improvement of the state regulation of the bonds issue and accounting in Ukraine, are grounded and elaborated, taking into account the domestic and foreign experience of the corporate bonds market’s state regulation. The multi-factors dependence model of the interest rate's level on the corporate bonds upon the integral indicators of the enterprise-issuer's financial reliability's estimation is offered. Special attention is paid on the emission strategy’s improvement from the mining-extracting enterprises' bonds issue.