
ICMA
ICMA, or the International Capital Market Association, is a global organization that sets standards and best practices for the international bond and debt markets. It helps ensure transparency, efficiency, and trust among market participants like issuers, investors, and financial institutions. ICMA provides guidelines, promotes market integrity, and facilitates efficient cross-border transactions, making it easier for entities to raise and invest money across different countries. Essentially, it acts as a leader and facilitator for the smooth functioning of international debt markets.