Tell a Friend

Municipal Bonds in Latin America

Municipal governments operating public infrastructure works


SEPT, 2010 municipal bonds By Patricio Abal There are several reasons for which municipal governments (MGs) would want to build and/or operate public infrastructure works either through their own agencies or through state-owned companies. The literature mentions: public animosity towards private companies operating essential services (e.g. water & sanitation); electoral politics, i.e., a large number of local residents directly or indirectly depending on the government’s budget can translate into a large number of votes; non-competitive returns on investment offered by certain projects; and “social infrastructure” projects. One of the ways to finance said enterprises, particularly the initial capital expenditure, is through the issuance of mediu....




Register For Free


Already Subscriber


Register for free to access all of Alternative Latin Investor's unique content and special reports
Name:
Email:
Company:
Position:
Country:
City:
I have read and understood the privacy policy
ALI Membership Benefits

Website

  • Gain full access to the only available
    content discussing alternative asset
    classes within Latin America
  • Full content of all articles and
    archives.

Special Reports

  • Latin American Infrastructure
    Investment: 2011
  • Latin Art Investment: 2011
  • Panama Outlook 2011
  • Latin American Real Estate
    Investment: 2010
NO-SPAM PLEDGE: We will NEVER rent, sell or give away your e-mail address for any reason. Unsubscribing from the Alternative Latin Investor site is quick and easy Nate Suppaiah, Director - Alternative Latin Investor
Already Registered?
Login
Password*

*Please note your email address serves for both login and password

Tell a Friend

More in this section:

Brazil's Olympics and World Cup Projects
OCT, 2012 Premium Article Policy & Regulatory Report journalist Raymond Barrett in Washington, D.C.... Read Full Article

What we talk about When we talk about Infrastucture
FEB, 2012 Premium Article Recent years have seen intensified interest in Mexican infrastructure. T... Read Full Article

Mexico City: Car Addiction
FEB, 2012 Premium Article Interview provided by BNamericas Urban mobility is high on the infrastruc... Read Full Article

Infrastructure Debt Funds & Exchange Rate Risk
OCT, 2011 A few months ago, I was asked to consult a investment professional at a certain infrastr... Read Full Article

Mezzanine Finance
AUGUST, 2011 By Patricio Abal Mezzanine finance is an innovative and complex way to finance corpora... Read Full Article

Alternative Latin Investor: Infrastructure Profile
MAY, 2011 Abertis Infraestructuras SA is a Spanish company active in the management of infrastruc... Read Full Article

Landing In Latin America
MAY, 2011 Private sector participation in the operation of Latin American airports is very uneven. ... Read Full Article

A look at Infrastructure Development in Argentina
APRIL, 2011 According to The Private Participation in Infrastructure Project Database, out of the... Read Full Article

Guide to Infrastructure in Latin America
JAN, 2011 By Patricio Abal & Gonzalo Oliva-Beltrán Many countries in Latin America are we... Read Full Article

Investing in Listed Shares of Latin American Infrastructure Companies
NOV, 2010 Acquiring exposure to the Latin American infrastructure sector is becoming increasingly a... Read Full Article

Latam Index Analysis
JULY, 2009 Msci Brazil (EWZ) recently raised above the main bearish resistance line at $51.00 switc... Read Full Article