Which of the following bonds are dependent on the income specifically from the issuing entity or project?

Question

Quizplus · Accepted Answer

Revenue bonds are dependent on the income generated from the specific project or facility that the bond is funding. Municipal bonds can be either general obligation or revenue bonds, but general obligation bonds are backed by the issuer's taxing authority, not just the income from a specific project or facility. Corporate bonds are not issued by a government entity and are not dependent on any particular project or facility for income.

Which of the Following Bonds Are Dependent on the Income