The Issue Of Municipal Bonds, A Challenge For The Romanian Local Public Administrations
This paperwork studies the municipal bond loan issue situation on the Romanianfinancial market and its relation with the local financial decentralization. We discussed also aboutthe opportunity of the municipal rating in selling local bonds and the advantages gave by this kindof financial instruments, both for the issuers and the investors.
Volume (Year): 1 (2009)
Issue (Month): 11 ()
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- Tatiana Mosteanu & Carmen Maria Lacatus, 2008. "The Municipal Bonds – the Cause and the Effect of the Local Financial Decentralisation Growth. Romanian Case," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 9(9(526)), pages 51-60, September.
- Reck, Jacqueline L. & Wilson, Earl R., 2006. "Information transparency and pricing in the municipal bond secondary market," Journal of Accounting and Public Policy, Elsevier, vol. 25(1), pages 1-31.
- Mosteanu Liliana & Lacatus Carmen Maria, 2008. "The local descentralisation and the issues of municipal bonds in Romania," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 3(1), pages 371-375, May.
- Daniels, Kenneth N. & Vijayakumar, Jayaraman, 2007. "Does underwriter reputation matter in the municipal bond market?," Journal of Economics and Business, Elsevier, vol. 59(6), pages 500-519.
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