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What is bond financing?
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24th Feb 2011 by admint
Bond financing is a long term borrowing in which the state and local government would use to raise money to finance an infrastructure asset. This money is obtained by selling bonds to investor in which the borrower (state or local government) promises to pay the borrowed money with interest according to specified schedule.
Bond financing is a long term borrowing in which the state and local government would use to raise money to finance an infrastructure asset. This money is obtained by selling bonds to investor in which the borrower (state or local government) promises to pay the borrowed money with interest according to specified schedule.
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1st Nov 2009 In Bonds
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Subjects: bond,
bond financing,
