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|JPD 1992 Vol. XIX No. 2-c||The Impact of Regulations on Municipal Bond Performance and Prospects in the Philippines|
|Saldaņa, Cesar G.|
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 unit,financial system,financial intermediaries,local government code,bond market|
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