 |
Definition of 'Airport Revenue Bond'
A bond issued by a municipality or airport authority that uses the revenues of the airport facility to back the bond. An airport revenue bond is tax-exempt and is typically issued when a municipality or airport is looking to expand its facilities or pay for upgrades. Because this debt is issued by a municipality or airport authority it is more likely to have a lower interest rate, making the long-term financing costs for the airport lower.
|
 |
Investopedia explains 'Airport Revenue Bond'
The tax-exempt status of an airport revenue bond may depend on the airport's mix of public and private use. The more an airport is used for private purposes rather than public, the less likely the bond will offer the full extent of tax-exempt options. The rating of this type of bond by credit analysts is dependent on the amount of traffic the airport receives, how well the airport performs financially and how likely it is that airlines will continue use the facility.
|
Search results for 'Airport Revenue Bond'
-
http://www.investopedia.com/exam-guide/series-7/municipal-securities/long-term-munis.asp
... 12.16 Revenue Bond Analysis; 12.17 Sources of Information. Chapter 13 ... pledge of specific
revenues, such as revenue from water bills, airport gate charges ...
-
http://www.investopedia.com/exam-guide/series-7/portfolio-management/muni-bond-analysis.asp
... Such infrastructure elements as airport gates, hotel rooms and ... for which there are
no designated revenue streams ... focus on the nature of the GO bond issuer's debt ...
-
http://www.investopedia.com/exam-guide/series-7/municipal-securities/default.asp
... 12.16 Revenue Bond Analysis; 12.17 Sources of Information. Chapter 13 ... or muni, is
a bond issued by a ... projects as highway improvement, airport expansion, hospital ...
-
http://www.investopedia.com/exam-guide/series-65/cash-equivalents-fixed/municipal-bonds.asp
... to finance specific projects, such as an airport or sports ... Revenue bonds are backed
only by the fees generated by ... this is an example of a private-purpose bond. ...
|
|
