Fund raising from Ho Chí Minh City municipal bonds: an analysis and policy implications

Abstract

Sources of capital held by the public and economic sectors offered great potential. Municipal bonds issued by HCMC government help mobilize these sources of funds for socioeconomic and infrastructure development. The determination of demands for funds and ability to efficiently raise them greatly dependant on technique of raising funds through issues of bonds, and this was always considered a topical and important issue. This paper performed an analysis, carried out evaluation on methods and effects concerning the issue of the HCMC municipal bonds, and proposed solutions to technical mechanisms with a view to beefing the process of raising this source of capital for infrastructure development based on HCMC specific conditions.