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Additional Bonds Test

 test limiting the amount of new bonds that can be issued since bonds are secured by assets or revenues of a corporate or governmental entity the underwriters of the bond must ensure that the bond issuer can meet the debt service requirements of any additional bonds the test usually set specific Financial benchmarks such as what portion of the issuer’s revenues or cash flow can be devoted to paying interest

All In

underwriting shorthand for all included referring to an issuer’s interest…

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