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Basic Question 0 of 3

The key credit metric for revenue-backed municipal bonds is the ______.

A. interest coverage ratio
B. debt service coverage ratio
C. cash available for debt service (CADS)
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User Contributed Comments 1

User Comment
johntan1979 DSCR = EBIT/Total debt service
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

explain special considerations when evaluating the credit of sovereign and non-sovereign government debt issuers and issues

CFA® 2025 Level I Curriculum, Volume 4, Module 15.