SIE - Securities Industry Essentials Exam

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Revenue Bonds

Are backed by the full taxing power of the municipality.
A
Are safer than general obligation bonds, but tend to be more expensive as a result.
B
Are riskier than most general obligation bonds and therefore pay less interest most of the time.
C
Are backed by revenue from a specific project that is funded by the bonds.
D

Explanations

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