Mobilizing Resources through Municipal Bonds: Experiences from Developed and Developing Countries

Publication | August 2023
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Municipal bonds are an innovative external source of financing for strengthening the financial sustainability of cities—one of the main objectives of Strategy 2030 of the Asian Development Bank (ADB).

This publication provides timely information to both ADB staff and its developing member countries 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

Additional Details

Authors
Type
Series
Subjects
  • Finance sector development
  • Governance and public sector management
  • Public financial management
Countries
  • India
  • Indonesia
  • Philippines
  • Viet Nam
Pages
  • 166
Dimensions
  • 8.5 x 11
SKU
  • WPS230273-2
ISSN
  • 2789-0619 (print)
  • 2789-0627 (electronic)

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