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.

article-author
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.

Dan Peters

Popular articles by Dan Peters

  1. Rayner: Prescott was an inspiration to me
  2. New anti-social behaviour powers planned for councils
  3. Commissioners not ruled out despite envoy appointment
  4. Woking's debt hits £2.1bn

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?

Dan Peters

Popular articles by Dan Peters

  1. Rayner: Prescott was an inspiration to me
  2. New anti-social behaviour powers planned for councils
  3. Commissioners not ruled out despite envoy appointment
  4. Woking's debt hits £2.1bn
footer-logo

©2024 Hemming Group Limited. Registered in England and Wales. Registered No: 490200. VAT number GB342 023 408