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Basic Question 11 of 15
In North America, revenue bonds are one of the main sources of debt financing of public infrastructure. Such bonds are likely to be ______.
B. non-sovereign bonds
C. quasi-government bonds
A. sovereign bonds
B. non-sovereign bonds
C. quasi-government bonds
User Contributed Comments 1
| User | Comment |
|---|---|
| OtisM | Non sovereign bonds and revenue bonds are the same. They are issued by local state or municipal governments in the US. |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe the features of a fixed-income security
CFA® 2024 Level I Curriculum, Volume 4, Module 1.