The Impact of Regulations on Municipal Bond Performance and Prospects in the Philippines

Saldaña, Cesar G. Author_Email:

Philippine Journal of Development, 1992

Abstract: This article analyzes the capacity of LGUs to issue securities under the regulatory framework offered by PD 752 and the 1991 LGC. A qualitative analysis of the regulations and requirements of the securities market has been performed. This is extended to a case study of bond issued by the Cebu provincial government, the first and the only municipal bond issued under PD 752.

Keywords: Local Government Units (LGUs); financial system; financial intermediaries; local government code; bond market (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:phd:pjdevt:jpd_1992_vol__xix_no__2-c

DOI: 10.62986/pjd1992.19.2c

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