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...

The 1991 Local Government has initiated comprehensive changes in Philippine public administration such as decentralization and greater local autonomy. However, the macroeconomic picture has been characterized by volatile inflation, foreign exchange and interest rate. Against this backdrop, this...

The 1991 Local Government has initiated comprehensive changes in Philippine public administration such as decentralization and greater local autonomy. However, the macroeconomic picture has been characterized by volatile inflation, foreign exchange and interest rate. Against this backdrop, this...

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...