Application of revenue bonds of municipal enterprises in financing infrastructure development in Poland

Michał Banak

DOI: lack

Vol no: 9

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The article presents methods of financing infrastructure investments by local governments and municipal companies. The greatest emphasis was placed on external financing instruments. Particular attention was paid to the use of bonds, both by local governments and municipal companies, with a more extensive discussion of the possibility of using a financial instrument rarely used in Poland, such as revenue bonds.