Revenue Bond
网友投稿• 2022-01-05 15:51:15 •阅读98
A municipal bond supported by the revenue from a specific project, such as a toll bridge, highway, or local stadium. |||This differs from general-obligation bonds, which can be repaid through a variety of tax sources. Revenue bonds are only payable from specified revenues. A main reason for using revenue bonds is that they allow the municipality to avoid reaching legislated debt limits.
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