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Title: Enabling sub-sovereign bond insurance

Language: English

Type: Document

Nature: Report

Published: February 1, 2009

Region: Global

Country: Global / Non-Specific

Topic: PPP Reference Guide, Financing and Risk Mitigation

Keywords: PPPs by Topic *, Financing and Risk Mitigation **, PPP Reference Guide

Document Link(s):

Document Summary:

This primer provides a summary of sub-sovereign bonds as an important instrument to consider when exploring models of sustainable long-term financing for local governments. It provides an overview of how municipal bonds work and presents key regulatory preconditions and prerequisite market conditions required for viable sub-sovereign bond offerings. It offers insight into five case examples to help inform program designers and implementers and assist in applying lessons learned worldwide. 

Document Details:

USAID. 2009. Enabling Sub-Sovereign Bond Issuances: Primer and Diagnostic Checklist. FS Series #1. Washington, DC: United States Agency for International Development. [#4401]

 

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