http://fadyart.com/financeV4#MunicipalRAN
Class 'Municipal RAN'

U

2

owl:Class

Revenue Anticipating Note. RANs are issued by states and municipalities in order to finance current operations in anticipation of future revenues. These notes are municipal securities that are one-year, interest-bearing debt obligations.

http://fadyart.com/Finance/v3.04

http://fadyart.com/financialInstruments

Municipal RAN

Municipal debt