A bond that is repaid from the income generated by the project it is designed to finance is called a(n):

Question

Quizplus · Accepted Answer

Revenue bond is specifically designed to finance a project and is repaid from the income generated by that project. Treasury bills are short-term debt securities issued by the government, savings bonds are backed by the government and are offered to citizens, a general obligation bond is backed by the taxing power of the issuer, and agency bonds are issued by government agencies or organizations.

A Bond That Is Repaid from the Income Generated by the Project