Question: The below questions relate to rate reduction bonds. Answer each one. (a) What asset is the collateral? (b) What is a true up provision in

The below questions relate to rate reduction bonds. Answer each one.
(a) What asset is the collateral?
(b) What is a true up provision in a securitization creating rate reduction bonds?

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a Rate reduction bonds are backed by a special charge tariff included in the utility bills of utility customers in The charge called the competitive t... View full answer

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