While revenue bonds have a larger foot print by par amount outstanding in the municipal bond market, general
obligation bonds remain an integral component of the financing of infrastructure.
Not exact matches
In an era when the pension liabilities of local governments
remain a concern, investors may want to consider the debt offered by established public enterprises — airports and utilities, for example — as an attractive alternative to lease revenue and pension
obligation bonds.
If at any time any member of the XYZ Limited group guarantees the
obligations of any other member of the XYZ Limited group in respect of financial indebtedness, that guarantor will also guarantee the
obligations of XYZ Limited under XYZ
bonds (for so long as the first - mentioned guarantee by the member of the XYZ Limited group
remains in place).