Some U.S. states and cities have reportedly considered securitizations as a possible funding solution for budget shortfalls.

For instance, the state of California is looking to borrow from cities and use securitization as a means to cover the funding shortage that the state anticipates will be a result of the Proposition 1A arrangement.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.