Series 7: 3.5.2 Analyzing Revenue Bonds

Taken from our Series 7 Top-off Online Guide

3.5.2  Revenue Bonds

The overall health of the municipality is less critical to investors in a revenue bond, though still important. Not backed by taxes, revenue bonds depend more, for their creditworthiness, on the financial viability of the projects being funded and their ability to generate sufficient revenue to pay off the bonds. A feasibility study is the initial

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