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Basic Question 0 of 6
The key credit metric for revenue-backed municipal bonds is the ______.
B. debt service coverage ratio
C. cash available for debt service (CADS)
A. interest coverage ratio
B. debt service coverage ratio
C. cash available for debt service (CADS)
User Contributed Comments 1
| User | Comment |
|---|---|
| johntan1979 | DSCR = EBIT/Total debt service |
I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
describe fixed-income market segments and their issuer and investor participants
CFA® 2025 Level I Curriculum, Volume 4, Module 3.