Due to the extremely high capital costs involved in the provision of transportation facilities, it is often necessary for government agencies to resort to public borrowing in the form of a bond issue in order to pay for these large transportation projects. Bonds are a type of debt financing, and therefore governments need to justify their reasons for borrowing money. There are several reasons why bond financing is used. The most obvious is that there are not enough current revenues to finance a given improvement.


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    Title :

    Bond Financing


    Additional title:

    Springer Tracts on Transportation, Traffic


    Contributors:


    Publication date :

    2013-01-01


    Size :

    15 pages





    Type of media :

    Article/Chapter (Book)


    Type of material :

    Electronic Resource


    Language :

    English




    Resource Paper: Bond Financing: Issues and Strategies

    Franklin, W. / National Research Council; U.S.; Transportation Research Board | British Library Conference Proceedings | 1997



    Financing transportation

    Hoel, Lester A. | Elsevier | 1990



    Toll Financing

    Poole, R. W. / Institute of Transportation Engineers | British Library Conference Proceedings | 2006