As the intermediate of the borate ester bonding agent,N- (2- hydroxyethyl) -2- oxazolidone was synthesized from dimethyl carbonate and diethanolamine by the uniform design.The regression equation of the yield of N- (2- hydroxyethyl) -2- oxazolidone and reaction conditions were gained with the aid of SPSS software.The optimum reaction conditions were that n(dimethyl carbonate):n(diethanolamine) equaled 1.3,m(Sodium methoxide)/m(diethanolamine) equaled 0.50 %,reaction temperature 60 ℃and reaction time 60 minute,the yield of N- (2- hydroxyethyl) -2- oxazolidone reached 98.2 %.Application of the borate ester bonding agent(BEBA),which was synthesized with the mixture of N- (2- hydroxyethyl) -2- oxazolidone and diethanolamine as the raw material,in 5 L four groups hydroxyl terminated polybutadiene propellant was investigated,and the result show that BEBA improves the room temperature and high temperature mechanical performance of the propellant by 15 % above the design requirements of the engine,the high temperature adhesion index is 1.02,and its comprehensive performance is better than the results of LAB-303B,BAG-5 and BA603.