Municipal bonds are an innovative external source of financing for strengthening the financial sustainability of cities.
This publication provides timely information on how to leverage municipal bonds as an important instrument to finance climate-resilient infrastructure and make cities more livable. It documents valuable experiences and lessons learned from advanced and emerging economies. This publication recommends strategies on how to promote greater issuance and acceptance of municipal bonds in India, Indonesia, the Philippines, and Viet Nam.
Contents
- Introduction and Municipal Bond Recommendations for Target DMCs
- India
- Philippines
- Viet Nam
- Indonesia
- Lessons Learned from Municipal Bond Developments in Latin America
- Lessons Learned from Developed Municipal Bond Markets—United States, PRC, Japan
Published August 2023.
Source: Asian Development Bank.
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