In a revenue bond, what is a catastrophe call provision?
Answer to relevant QuestionsWhat is the tax risk associated with investing in a municipal bond? Explain why the market for taxable municipal bonds competes for investors with the corporate bond market. Who are the parties to a letter-of-credit–backed municipal bond, and what are their responsibilities? In the analysis of emerging market sovereign bonds, what is meant by structural factors? What is the difference between LIBID and LIMEAN?
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