Technical Note

Educator Copy

UNDERSTANDING THE PRE-CONDITIONS OF MUNICIPAL BONDS AND LEARNING FROM THE INDIAN EXPERIENCE

Bushra Naqvi

INDUSTRY :-

AREA :FINANCE

ORGANIZATION :-

LENGTH :12

LUMS No :02-608-2015-2

PUBLICATION YEAR : 2015

DESCRIPTION

ABSTRACT:

This note documents the pre-conditions, extracted from the experiences of developing countries, which generally exist a priori when a local government plans to access the capital market. It discusses the case of the municipal bond market in India and aims to provide readers an opportunity to relate the experience of India with the development of the municipal bond market in Pakistan.