SIE - Securities Industry Essentials Exam
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
Revenue bonds are backed by the revenue of the facility that is funded by them.