Terms Beginning With 'r'

Revenue Bond

  • January 07, 2020
  • Team Kalkine

Revenue Bond is a type of municipal bond linked with the cash flow of a particular project such as toll, highways, which serves as the collateral against the cash provided to the issuer of the bond. Both public sector unit and private sector units can issue such bonds by promising the cash flow from the underlying project as a periodic payment (coupon).

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