DEFINITION
By Staff Reporters
SPONSOR: http://www.MarcinkoAssociates.com
***

***
Revenue bonds are one of the biggest sectors in the municipal debt market.
Unlike a general obligation (GO) bond, revenue bonds are not backed by a municipal issuer’s taxing authority. Instead, interest and principal are secured by the net revenues (tolls, fees, or other charges tied to usage) from the project or facility being financed.
Revenue bonds are issued to finance a variety of capital projects, including construction or refurbishment of utility and waste disposal systems, highways, bridges, tunnels, air and seaport facilities, schools and hospitals.
COMMENTS APPRECIATED
Subscribe and Refer
***
***
Filed under: "Ask-an-Advisor", Accounting, Experts Invited, Financial Advisor Listings, Financial Planning, Funding Basics, Glossary Terms, Investing, Marcinko Associates, Mortgage Electronic Registry System, Taxation, Touring with Marcinko | Tagged: accountant, bond market, bonds, general obligation bonds, GOs, Marcinko, municipal bonds, municipal debt market, municipal market, revenue bonds, tax, Taxation | Leave a comment »
















