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What is supporting debt

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What is supporting debt

    • Posted by The Crimson Gaming 6 years, 6 months ago

    CBSE > Class 10 > Social Science
    • 1 answers

    Asmilo Hall 6 years, 6 months ago

    Self-Supporting Debt. A bond, especially a municipal bond, where the coupons and principal are paid with funding from the project the debt seeks to finance. It may be used, for example, to build a hospital or a toll bridge, and bondholders are repaid with the revenue the hospital or toll bridge derives.

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