Debt Issuance

Debt Issuance

Debt issuance allows state and local government to raise funds with a financial obligation to repay the lenders in the future under the terms of their agreement. Governments issue debt for both long-term and short-term. Long-term bonds are typically issued to finance capital needs so that governments can finance the high cost of acquiring or replacing a capital asset as needed instead of waiting until they have sufficient cash available. Governments sometimes issue short-term debt to meet operating expenses with the expectation of receiving future revenue.

Training

Best Practices in Debt ManagementLive Training, 
  • November 18, 2014
Credit Ratings and Credit EnhancementsWebinar, 
  • January 14, 2015