毕业论文学生姓名：李小娜学号：20172201021024系别班级：金融系2017级投资学专接本班专业：投资学题目：天威集团债券违约案例研究指导者：李淑颖副教授评阅者：刘燕讲师2019年4月25日毕业论文中文摘要天威集团债券违约案例研究摘要在成熟和发达的债券市场，债券违约较为常见。在2014年，我国债券市场发生了首个公募债券违约，“刚性兑付”的局面被逐步打破。在还未走出私营企业债券违约的阴影时，2015年4月的第一例国有企业债券违约，即“11天威MNT2”,引起了市场的高度关注。在此背景下，本文将国内外相关研究理论运用到分析天威集团债券违约过程的实践中，论述了天威集团的债券违约的宏微观原因，通过对违约的深层原因分析，得到相关启示，从而给予其他运用债券融资的公司一定的借鉴作用，同时对债券投资者起到一定的警示作用。关键词：天威集团债券违约因素分析河北金融学院2019届本科毕业论文毕业论文外文摘要TitleA Case Study of Debt Default in Tianwei GroupAbstractBond defaults are more common in mature and developed bond markets.In 2014,the first public bond bond default occurred in China's bond market,and the "rigidredemption"situation was gradually broken.In the shadow of the default of privatecompany bonds,the first state-owned company bond defaulted in April 2015-"11Tianwei MNT2",which attracted a lot of attention from the market.In this context,thispaper applies the relevant research theories at home and abroad to the practice ofanalyzing the default process of Tianwei Group's bonds,and discusses the macro andmicro causes of the bond default of Tianwei Group.Through the analysis of the deepcauses of breach of contract,the relevant enlightenment is obtained.Therefore,it cangive some reference to other companies that use bond financing,and at the same timeplay a certain warning role for bond investors.Keywords:Tianwei Group;Bond Default;Factor Analysis