Municipal bond markets : experience of the USA (English)

Municipal bond markets provide a vehicle to narrow local governments resource gap through schemes varying from debt funding based on the full faith and credit sub-sovereign issuers, to revenue bonds secured by the earnings of such projects as water facilities and toll roads. This note reviews the main characteristics of the US municipal bond markets--the most advanced by any measure of depth and sophistication. A separate Note discusses the conditions...

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Author

El Daher, Samir;
Document Date
1997/02/28
Document Type
Brief
Report Number
21109
Volume No
1
Total Volume(s)
1
Country
United States,
Region
Other,
Disclosure Date
2000/11/23
Disclosure Status
Disclosed
Doc Name
Municipal bond markets : experience of the USA
Keywords
municipal debt

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Citation

El Daher, Samir.

Municipal bond markets : experience of the USA (English). Infrastructure notes ; no. FM-8a Urban Washington, DC: World Bank. http://documents.worldbank.org/curated/en/317461468142477987

Municipal bond markets : experience of the USA (English)

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