Update: Article in ’New Start’

Austin Macauley writes about municipal bonds in the online magazine ‘New Start’ published by the Manchester-based Centre for Local Economic Strategies (article published October 31). He writes in particular about Kommuninvest of Sweden and Municipality Finance of Finland as examples of well-established Local Government Funding Agencies. He concludes with the following sentence: “When you have examples like Kommuninvest to draw inspiration from – and the likelihood that Europe’s two biggest economies, Germany and France, will set up agencies of their own – the case in favour of a collective local authority bonds agency is growing by the day.” Read the article in full here.