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Basic Question 1 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 just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

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

CFA® 2024 Level I Curriculum, Volume 4, Module 15.