Laya, Jaime C.
Developing a Philippine local government bond market / - p.135 - Vol. 22 No. 1 First Sem 1995 .
The 1991 Local Government has initiated comprehensive changes in Philippine public administration such as decentralization and greater local autonomy. However, the macroeconomic picture has been characterized by volatile inflation, foreign exchange and interest rate. Against this backdrop, this paper investigates issues that affect the market development for LGU bonds. It also identifies the constraints in the design of LGU bond issue and assesses its marketability.
Government bond market - Philippines
PIDS JPD 1995
Developing a Philippine local government bond market / - p.135 - Vol. 22 No. 1 First Sem 1995 .
The 1991 Local Government has initiated comprehensive changes in Philippine public administration such as decentralization and greater local autonomy. However, the macroeconomic picture has been characterized by volatile inflation, foreign exchange and interest rate. Against this backdrop, this paper investigates issues that affect the market development for LGU bonds. It also identifies the constraints in the design of LGU bond issue and assesses its marketability.
Government bond market - Philippines
PIDS JPD 1995