Self-Supporting Debt

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Self-supporting debt

Bonds sold to finance a project that will produce enough revenue through tolls or other charges to retire the debt . See: revenue bond.

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. Self-supporting debt is usually slightly higher risk than a general obligation bond because if the project fails to generate revenue, the bond will default. However, self-supporting debt is generally low risk and highly liquid.

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No references found			Net direct debt (sometimes called net bonded debt) excludes sinking fund accumulations and self-supporting debt. Debt capacity analysis for local governments by McElravy, Jeff; Liang, Leo Yonghong / Government Finance Review Self-supporting debt of the city, primarily from the electric, water, and wastewater utilities, represents about 30% of total general obligation debt, thereby substantially reducing the impact on the city's debt service tax rate. Fitch Rates Garland, Texas' 2009 COs and Tax Notes 'AA+'; Outlook ... by Business Wire When practical, the city will develop, authorize, and issue revenue, special fee, or other self-supporting debt instruments instead of general obligation bonds. Circumscribing debt issuance with written policies. (Best Practices) by Phillips, Patricia; Dunford, Richard / Government Finance Review			Self-Amortizing Loan self-amortizing mortgage Self-Assessment self-contained appraisal report Self-Correcting Self-Directed IRA Self-Directed Portfolio Self-Directed Retirement Plan Self-Directed RRSP Self-Employed Borrower Self-Employed Contributions Act Self-Employed Income Self-Employed Individuals Self-Employed Taxpayer Self-Employment Self-Employment Income self-employment tax Self-Financing self-help Self-Inflicted Injury Self-Liquidating Bond Self-Liquidating Loan Self-Regulatory Organization Self-Selection Self-Similar Self-Supporting Debt Self-Tender Self-Tender Offer Sell Sell a Spread Sell Away Sell Hedge Sell in May and Go Away Sell limit order Sell Off Sell Order Sell Out Sell Plus Sell Plus Order Sell price Sell Short Sell Side sell signal Sell Stop Order Sell the Book sell the paper Sell the Spread Sell to Close Sell to Open Sell to Rent Sell-Off			self-study self-study Self-Study of Teacher Education Practices Self-Study Workbook self-styled self-subscribing self-subsistence self-subsistent self-sucking self-sufficiency self-sufficiency self-sufficiency Self-Sufficiency Program Self-Sufficiency Trust self-sufficient self-sufficient self-sufficient Self-Sufficient Solar House self-sufficiently self-sufficiently self-sufficing self-suggestion self-support self-support self-supported self-supported self-supported film Self-Supported Municipal Improvement District self-supporting self-supporting Self-Supporting Debt Self-Supporting Debts self-supporting wall Self-suspended self-suspension Self-suspicious self-sustained Self-Sustained Limbic Status Epilepticus self-sustaining self-sustaining containership Self-Sustaining Lunar Colony Self-Sustaining Systems self-sustaining wall self-sustainingly Self-synchronizing code Self-synchronizing stream cipher self-synchronous device self-synchronous repeater self-system self-systems Self-talk self-tanner Self-tanning Self-tapping Self-tapping Self-tapping self-tapping implant

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