In 2001-03 the municipal bond market in Mexico was among the most active in the developing world. Government officials had found a way to dramatically enhance the creditworthiness of local government debt without using sovereign guarantees. The technique, adapted in part from private sector 'future flow' financing deals, enabled a state or local government to earn significantly higher credit ratings for bond issues than for its normal balance sheet...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2008/08/01
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Краткие сведения
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46263
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1
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1
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2010/07/01
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Disclosed
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Enhancing the creditworthiness of municipal bonds : innovations from Mexico
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Public Private Infrastructure Advisory Facility
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