Who are the parties to a letter-of-creditbacked municipal bond, and what are their responsibilities?

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Who are the parties to a letter-of-credit–backed municipal bond, and what are their responsibilities?

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Bond Markets Analysis and Strategies

ISBN: 978-0133796773

9th edition

Authors: Frank J.Fabozzi

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Question Posted: Aug 22, 2015 07:31 AM

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Who are the parties to a letter-of-creditbacked municipal bond, and what are their responsibilities?

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A letterofcredit LOC agreement is the strongest type of support available from a commercial bank The...View the full answer

Bond Markets Analysis and Strategies

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