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Series 7 > Municipal Bond Basics > Flashcards

Municipal Bond Basics Flashcards

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Series 7 Top-off Exam flashcards
1
Q

Net Revenue Pledge

A

Remember acrostic OB Drs

  1. Operation and maintenance fund
  2. Bond service account for principal and interest
  3. Debt service reserve fund or sinking fund
  4. Reserve maintenance fund - renewal and replacement (irregular basis)
  5. Surplus fund or general fund
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Series 7 (8 decks)

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