utility revenue bond Antonyms

No Synonyms and anytonyms found

Meaning of utility revenue bond

Wordnet

utility revenue bond (n)

a bond issued to finance the construction of public utility services

utility revenue bond Sentence Examples

  1. The city council authorized the issuance of $10 million in utility revenue bonds to finance the expansion of the municipal wastewater treatment plant.
  2. Utility revenue bonds are a type of municipal bond that is backed by the revenue generated by a specific public utility.
  3. The bonds are typically used to finance capital projects that improve or expand the utility's infrastructure.
  4. Utility revenue bonds are often attractive to investors because they offer a higher yield than general obligation bonds.
  5. However, the bonds are also subject to more risk because they are not backed by the full faith and credit of the municipality.
  6. The interest on utility revenue bonds is typically exempt from federal income taxes.
  7. The bonds are often used to finance projects that provide essential services, such as water, sewer, and electricity.
  8. Utility revenue bonds are a common way for municipalities to finance capital projects without raising taxes.
  9. The bonds are typically issued in denominations of $5,000 or more.
  10. Utility revenue bonds are typically repaid over a period of 20 to 30 years.

FAQs About the word utility revenue bond

a bond issued to finance the construction of public utility services

No synonyms found.

No antonyms found.

The city council authorized the issuance of $10 million in utility revenue bonds to finance the expansion of the municipal wastewater treatment plant.

Utility revenue bonds are a type of municipal bond that is backed by the revenue generated by a specific public utility.

The bonds are typically used to finance capital projects that improve or expand the utility's infrastructure.

Utility revenue bonds are often attractive to investors because they offer a higher yield than general obligation bonds.