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Knowledge Note

The Advantages of Structured Financing for Sub-National Authorities

Capital market financing for sub-national infrastructure development has a long history in some countries, but is essentially unknown in many others. There are three basic models for capital market...
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Knowledge Note

The Importance of Sub-National Authorities Avoiding Foreign Exchange Risk When Borrowing Long-Term

It has become an internationally recognized best practice to match the repayment term of long term debt financing to the expected useful life of the infrastructure financed. This makes infrastructure...
4.933335

(15)

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