Series 7: 3.3.1 Authorizing The Bonds

Taken from our Series 7 Top-off Online Guide

3.3.1 Authorizing the Bonds

The first step in issuing a municipal bond is acquiring the authority to issue it. This involves demonstrating the financial viability of the project, defining the terms of the bond issue, confirming its legality and its tax-exempt status, and evaluating its impact on the issuer’s credit rating.

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