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Basic Question 4 of 4

When assessing the credit risk of tax-backed municipal bonds, an analyst should consider the following factors ______.

I. the issuer's debt structure
II. the issuer's budgetary policy
III. flow of funds structure
IV. the issuer's political discipline

User Contributed Comments 2

User Comment
danlan2 IV=Local tax and intergouvernmental policy?
praj24 Lol these questions, I just relate to the Greek drama.
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Your review questions and global ranking system were so helpful.
Lina

Lina

Learning Outcome Statements

contrast the issuance and trading of government and corporate fixed-income instruments

CFA® 2024 Level I Curriculum, Volume 4, Module 5.