Basic Municipal Bond Types

Question 1

Key Features:
- Highest Safety
- Voter Approval often Required

What type of Bond is this?

Answer 1

GO Bond

Question 2

Key Features:
- Higher Yield
- Higher Risk
- Depends on Project Success

What type of Bond is this?

Answer 2

Revenue Bond

Question 3

Key Features:
- Funding for Specific Area Improvements

What type of Bond is this?

Answer 3

Special Assessment Bond

Question 4

Key Features:
- Highest Risk
- Corporation Creditworthiness + Rating Matters

What type of Bond is this?

Answer 4

Industrial Development Bond

Question 5

Backed By:
- Full Faith, Credit, and Taxing Power

What type of Bond is this?

Answer 5

GO Bond

Question 6

Backed By:
- Specific Revenue Source

What type of Bond is this?

Answer 6

Revenue Bond

Question 7

Backed By:
- Assessments on Properties that Benefit from the Special Development

What type of Bond is this?

Answer 7

Special Assessment Bond

Question 8

Backed By:
- Lease Payments from Corporation

What type of Bond is this?

Answer 8

Industrial Development Bond