Toll Revenue Bond
网友投稿• 2022-01-05 15:48:56 •阅读106
A type of municipal bond used to build a public project such as a bridge, tunnel or expressway. The principal and interest repayments are supplied by revenues from tolls paid by users of the public project in question. |||The main reason municipalities use these revenue bonds is because the bonds allow them to avoid reaching legislated debt limits.
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