Rate covenant

A Covenant in a Municipal revenue bond that specifies how it will be determined what rates to Charge to users of the facility the bond is Financing.

Related Terms: 9 Charge, Covenant, ECI, Financing, FIN, Muni, Municipal revenue bond, Revenue bond, Term

Other Related Pages: Category: Bonds Starting With: R

Additional Related Terms: Adjustable rate, Accrual bond, Accrual of discount, Accumulation bond, Agency bond, American Municipal Bond Assurance Corporation, Amortization of premium, Assumed bond, At par, Authority bond