Certificates of Investment consider an important funding pot in
supporting the Public Debt Fund, being the only saving tool by
Syrian banks, through Popular Credit Bank, which has issued and
managed since its establishment in 1970.
In this resear
ch, we have adopted a study on the concept of
investment certificates, types, characteristics and legal obligation,
Highlighting the Syrian experience, and also how to issue and its
mechanism.
we have divided the search into two
sections, In the first section we have talked about the nature of the
investment certificates in terms of its definition, its types, and its
numerous advantages.
In the second section, we have discussed bonds,
by casting light
on the definition of the bonds, then explaining about its provisions
in terms of its benefits, its conditions of issuance and its different
types; comparing all these concepts in detail with investment
certificates, to come to a conclusion which shows clearly that
investment certificates are superior to bonds.
The Investment of important banking service that characterizes the popular credit bank from other public and private banks from other public and private banks, certificates, also serves the interest rate imposed on it by the council of monetary and c
redit significant role in the economic structure or the society.
Accordingly, the order intake find the mist important ideas that serve the research topic, according to the following:
1-The general concept of the interest rate.
2-The general concept of investment certificates and types.
3-Impact of validity in interest rates on the sales and redemptions of investment certificates in the popular credit bank.
We have using annual data for the variables of the study with in the period (2004 -2012) in the popular credit bank.
