University of California Revenue Bonds

University of California Revenue Bonds are a type of debt issued by the university to raise funds for projects like facilities and infrastructure. Instead of relying on the university’s general funds, these bonds are repaid using revenue generated from the specific facilities or programs they finance, such as student housing or research centers. Investors buy these bonds expecting regular interest payments and eventual repayment of the principal. They are a way for the university to secure large amounts of funding without impacting its overall budget or credit rating. The bonds are typically considered relatively safe, backed by the revenue streams from the financed projects.