FINANCE

Bonds agency boss optimistic despite delay

The boss of the Municipal Bonds Agency (MBA) has expressed optimism in the wake of changes to its joint and several guarantee.

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By Dan Peters | 28 June 2019

The boss of the Municipal Bonds Agency (MBA) has expressed optimism in the wake of changes to its joint and several guarantee.

Directors of the agency are understood to have a ‘reasonable expectation' that the company will be able to provide financing to local authorities below the Public Works Loan Board rate when it finally issues a bond.

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Dan Peters

Popular articles by Dan Peters

  1. Unite members to be balloted over industrial action
  2. Ministers: Increase the pace of fixing unsafe buildings
  3. EXCLUSIVE: More than one in three have not published corporate or finance peer challenge in last five years
  4. New Homes Bonus expansion floated
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