Citizen bonds

Citizen bonds

Certificateless municipals that can be registered on stock exchanges and are listed in newspapers.

Citizen Bond

A certificateless municipal bond that may be registered and traded on an exchange. A certificateless municipal bond does not issue individual certificates in order to facilitate trade. A citizen bond provides an extra layer of ease by trading on an exchange. Unlike other municipal bonds, many citizen bonds have their prices listed in daily publications.
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By fostering this engagement, smart cities here could further strengthen citizen bonds, allowing citizens and residents to influence decisions and make the cities more liveable, affordable, and sustainable by voicing their opinions through social media tools that are easily and widely accessible to everyone.
Description: For issuing affordable general obligation citizen bonds, Winston-Salem is the recipient of the 1994 Technology Achievement Awards for Finance, sponsored by Public Technology, Inc.
Among other things, the Energy Reform improves PEMEX's corporate governance, increases management's execution capacity in investment decisions, allows the company to provide incentives or make modifications to awarded contracts, and stipulates the issuance of citizen bonds (debt securities which may be acquired by micro-investors and whose return is linked to PEMEX's performance).