The UK Municipal Bonds Agency Plc is a public limited company, owned by local councils and the Local Government Association.
The UK Municipal Bonds Agency Plc helps local councils’ to finance their investment in projects including infrastructure and housing, efficiently and cost effectively. It issues municipal bonds to capital markets to finance local authority projects at a lower cost than the Debt Management Office.
The UK Municipal Bonds Agency Plc helps councils borrow from one another, thereby reducing borrowing costs. It helps councils negotiate better rates from banks, pension funds and insurance companies. The agency also acts as a centre of expertise, offering tailored lending services.
Answers to frequently asked questions covering the agency and its activities are available here.
