Summary: Understanding Municipal Bonds on the Series 7 Exam - One of the keys to passing the series 7 exam is to make sure that you have a complete understanding of how municipal bonds will be tested on the Series 7 Exam. This Podcast is about Municipal After listening to this series 7 audio lesson you should understand: The characteristics of municipal bonds Taxation of meniscal bonds registered book entry and bearer bonds What is a legal opinion and what is in it What’s an unqualified opinion What’s up qualified opinion How are municipal bonds usually issued serial bonds What are general obligation bonds What a revenue bonds What is a feasibility study What is the trust indenture what is a bond contract What are protective covenants and name some of them How do you analyze in this civil bond debt What are the special types of the Municipal debt What secures a municipal bond if it’s a general obligation bond And what secures a Municipal bond on a revenue bond What are short-term Municipal bonds What is a RAN What’s a TAN What’s a step up step down or seven-day floater What are redemption provisions what’s an optional redemption A mandatory redemption and extraordinary optional redemption Extraordinary mandatory redemption What is refunding What insurance companies insure municipal bond debt How are Municipal bonds traded What are the three tiers of bonds for tax exempt purposes Where do you get information on Municipal bond quotes What is positive carry and negative carry
