公债,一般是指由国家即政府出面发行的债券,所以也可称为国债。它又可区分为内债和外债。本文所说是指前者,即国内公债。1927年南京国民政府成立后,在公债发行方面,无论是发行种类、次数,还是总金额,都让北洋政府瞠乎其后。仅在1927~1931年就总计发行公债10.58亿元,较之北洋政府16年间6亿多元的实际发行额,几 Bonds, generally refers to the bonds issued by the state government, so it can also be referred to as national debt. It can be further distinguished between domestic debt and foreign debt. This article refers to the former, that is, domestic bonds. After the founding of the Nanjing National Government in 1927, the issue of public debt, whether it is the type of issue, the number of times, or the total amount, let the Beiyang government follow suit. Only in 1927 ~ 1931 to issue a total of 1.058 billion yuan of public debt, compared with Beiyang government more than 600 million yuan in 16 years, the actual amount of distribution, a few