金融百科  > 所属分类  >  Buzz Words-财经术语   
[0] 评论[0] 编辑

Mortgage-Backed Revenue Bond

A type of municipal agreement that pays holders based on revenues generated from real estate. Financial institutions also typically offer these bonds at relatively low interest rates. Proceeds are used to provide funds to these institutions, which in return use the funds to make low interest rate mortgage loans.


Municipalities would use such bonds to fund public construction projects, for example. Borrowers of these mortgages are responsible for interest and principal payments.










Watch: Mortgage-Backed Securities


Sometimes referred to as a housing bond, which is issued by a local housing authority. These bonds can either be short- or long-term, and are often used for construction of low- or middle-income housing or projects that help the community and the environment. Short-term bonds are typically sold as $5,000 denominations with a maturity that varies between 18 months to four years. Longer-term bonds are issued under federal agency contracts.



附件列表


0

词条内容仅供参考,如果您需要解决具体问题
(尤其在法律、医学等领域),建议您咨询相关领域专业人士。

如果您认为本词条还有待完善,请 编辑

上一篇 Moral Hazard    下一篇 Most Active

相关标签

热门标签

×