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Utility Revenue Bond
(redirected from Utility Revenue Bonds)

   Also found in: Dictionary/thesaurus 0.01 sec.
Utility revenue bond
A municipal bond issued to finance the construction of public utility services. These bonds are repaid from the operating revenues the project produces after the utility is finished.

Utility Revenue Bond
A municipal bond issued in order to finance the construction of a public utility, such as a power plant or a water treatment plant. A utility revenue bond is guaranteed by and is paid out of the revenues derived from the sale of those utilities.


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Fitch IBCA - NEW YORK, May 24 /PRNewswire/ -- Fitch IBCA assigns its underlying 'A' rating to Sarasota County, FL's $42,315,000 stormwater utility revenue bonds, series 1999, which are expected to sell in mid-June with 'AAA' rated Ambac insurance through a syndicate led by Salomon Smith Barney.
1 million in outstanding public utility revenue bonds at 'AA'.
Standard & Poor's also affirmed its double-'A' rating on Boise-Kuna Irrigation District, Idaho's $99 million utility revenue bonds (Lucky Peak Hydroelectric Project) series 1991, issued for Seattle Municipal Light and Power.
 
 
 
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