Revenue Bonds

Are backed by the full taxing power of the municipality.

Are safer than general obligation bonds, but tend to be more expensive as a result.

Are riskier than most general obligation bonds and therefore pay less interest most of the time.

Are backed by revenue from a specific project that is funded by the bonds.

Revenue bonds are backed by the revenue of the facility that is funded by them.

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Part of the questions for each course

Exam questions in each course