地方公债是地方政府依据借贷原则，按照有关法律规定，为满足地方经济与社会公益事业发展等公共支出需要，通过向社会发行债券筹措资金的一种形式，是公债体系的重要组成部分。世界上大多数国家都允许地方政府发行债券。在一些发达国家，债券融资是地方政府筹集资金的重要渠道 Local government bonds are an important part of the public debt system based on the principle of lending by local governments and in accordance with the relevant laws and regulations to meet the needs of public expenditures such as local economic and social public welfare undertakings and to raise funds through the issuance of bonds to the public. Most countries in the world allow local governments to issue bonds. In some developed countries, bond financing is an important channel for local governments to raise funds