Results 1 to 10 of about 14,238 (114)

Hospital system access to capital and the COVID-19 pandemic [PDF]

npj Health Systems
This study examines the impact of COVID-19 on U.S. hospital systems’ access to capital through the municipal bond market. Using hospital bond issuance data from the Electronic Municipal Market Access system matched to the American Hospital Association ...
Sung J. Choi, Jeffrey S. McCullough
doaj   +2 more sources

Air pollution and local government financing costs: Evidence from the Chinese municipal corporate bond spread

Borsa Istanbul Review, 2023
Using a sample of Chinese municipal corporate bonds from 2011 to 2019, this paper investigates the effect of city-level air pollution on local government financing costs.
Xiaokun Wei, Qingsong Ruan, Dayong Lv, Mengsha Liu, Jie Wu   +4 more
doaj   +3 more sources

COVID-19, lockdowns, and the municipal bond market [PDF]

Journal of Banking and Finance, 2022
Tran N, Uzmanoglu C.
exaly   +2 more sources

Reprint of: COVID-19, lockdowns, and the municipal bond market [PDF]

Journal of Banking and Finance, 2023
Tran N, Uzmanoglu C.
exaly   +2 more sources

Price distortions and municipal bonds premiums: evidence from Switzerland

Financial Innovation, 2021
This study examines the pricing of municipal bonds before and after a currency shock in Switzerland. Two approaches are used to decompose the municipal to treasuries bond spreads into liquidity, maturity, and default risk premiums.
Darko B. Vukovic, Carlos J. Rincon, Moinak Maiti   +2 more
doaj   +1 more source

The Determinants of the Municipal Bonds Market in Romania

Transylvanian Review of Administrative Sciences, 2021
Municipal bonds are widely issued by local municipalities as a feasible financial alternative to fund infrastructure projects. On the other side, from the investors’ perspective, bonds issued by municipalities have historically been a popular investment
Adriana Tiron-Tudor, Cristina Alexandrina Ștefănescu, Anamaria Dan   +2 more
doaj   +1 more source

Impact of Nonstandard Default Risk of the Urban Investment and Development Companies on the Urban Investment Bond Market

Systems, 2023
Under the general trend of reducing leverage and strictly controlling new implicit debts of local governments, the risk of nonstandard defaults by urban investment and development companies (UIDCs) continues to be released, which will increase the credit
Xue Yan, Yuke Li, Meng Ming, Heap-Yih Chong   +3 more
doaj   +1 more source

Financing capital expenditure through municipal bond market in Navi Mumbai Municipal Corporation [PDF]

Public and Municipal Finance, 2019
In India, the urban local bodies do not have decentralization in various functions. Therefore, municipal corporations find various issues in functioning and revenue generation.
Sanjay Rode
doaj   +1 more source

THE EVOLUTION OF MUNICIPAL BOND MARKET IN POLAND

Ekonomika, 2011
The Act of 29 June 1995 on Bonds has formally launched the development of a market for municipal bonds in Poland. The changes not only affected the legal provisions, but also the attitudes of self-government activists and institutions engaged in the ...
Zofia Łękawa
doaj   +1 more source

The great wall of debt: Real estate, political risk, and Chinese local government financing cost

Journal of Finance and Data Science, 2023
Chengtou bond is the only asset with market prices that can capture the funding cost of Chinese local government debt. In contrast to the U.S. municipal bonds, Chengtou bonds are issued by private corporations but implicitly guaranteed by local and the ...
Andrew Ang, Jennie Bai, Hao Zhou
doaj   +1 more source