__________ are a type of municipal bonds that are repaid out of the revenues from a specific project that the bond supports.

Question

Quizplus · Accepted Answer

Revenue bonds are specifically tied to a particular project or revenue stream, such as tolls for a bridge or fees for a stadium, and the repayment of the bond comes from those revenues. General obligation bonds, on the other hand, are not tied to a specific project and are repaid through general tax revenues. Common bonds and collateral bonds are not types of municipal bonds.

__________ Are a Type of Municipal Bonds That Are Repaid