CFA Practice Question

There are 490 practice questions for this study session.

CFA Practice Question

In North America, revenue bonds are one of the main sources of debt financing of public infrastructure. Such bonds are likely to be ______.

A. sovereign bonds
B. non-sovereign bonds
C. quasi-government bonds
Correct Answer: B

Revenue bonds are usually issued by local state or municipal governments in the U.S.

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.
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