Whitney points out that Florida has issued 90% of its municipal offerings in revenuebonds, many tied to real estate.
惠特尼指出,福罗里达州已发行的市政债券90%是收入债券,很多与房地产相关。
2
The damage from state arbitrage could increase the scale of defaults in the second type of municipal securities: RevenueBonds.
州际套利的危害可能会扩大第二类市政债券(即收入债券)的违约规模。
3
What the fiscal calamity calls in doubt is RevenueBonds that back specific projects such as subsidized housing, toll roads, land acquisitions, and nursing homes.