Awake77 Posted August 22, 2018 Report Posted August 22, 2018 Like how does the presumably private infrastructure banks make returns on non-polling roads? Quote
bush_cheney2004 Posted August 22, 2018 Report Posted August 22, 2018 (edited) A government entity will usually issue general obligation or revenue bonds in block denominations to private markets for infrastructure project funding. Government bonds often provide a tax shelter in addition to interest returns. Rating agencies keep score of each gov't entity's performance and financial capacity to repay the bond loans, impacting interest rates paid. Edited August 22, 2018 by bush_cheney2004 Quote Economics trumps Virtue.
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