THE PROMISSORY POLICY OF A SUBJECT OF THE RUSSIAN FEDERATION IN MODERN CONDITIONS
The promissory policy is an integral part of the financial policy of a subject of the Russian Federation. Its main positions and directions are subordinated to general purposes of the financial system of the region and are conditioned by need of the solution of the problems of the expansion of the resource base and provision of social-economic development of the territory. The existing choice of the promissory instruments gives the possibility of the regulation of the costs, volumes and urgency, as well as management risk when dealing with the problems of the financial ensuring of the regional development. All this makes the basis of the development of market promissory obligations a segment of the financial market of a country as a whole and explains its high dynamics.