Series 50: Lease Revenue Bonds

Lease Revenue Bonds

Lease revenue bonds are bonds issued to finance the construction of facilities used by a state or municipality, such as office buildings, schools, and prisons. The revenue stream backing the bonds consists of lease payments made by the government agency that uses the facility.

Lease payments are delivered to the government’s financing entity. The financing entity might be a government agency or authority separate from the issuer, created specifically to finance and con