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Published on:

6th Jul 2026

Series 7 Exam Prep 30, Municipal Bond Credit Analysis

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How to analyze the creditworthiness of General Obligation (GO) bonds by focusing on the issuer's tax base, debt burden, economic characteristics, and financial health. - The key factors in Revenue bond analysis, including the feasibility study, debt service coverage ratio, and the flow of funds. - The importance of the trust indenture and its protective covenants, such as the rate covenant and the additional bonds test. - Common exam traps, like distinguishing between net and gross revenue pledges and understanding the concept of overlapping debt. - A simple mnemonic to differentiate between the backing of GO bonds (taxes) and Revenue bonds (project earnings). For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
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Open Exam Prep
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Open Exam Prep: Mastering Financial Exams

The path to becoming a certified financial professional is known for its difficulty, and finding high-quality, accessible study material shouldn't be the hardest part.

Created by Ran Chen—an AI application enthusiast, Financial Advisor, and holder of the EA (Tax), Life Insurance, Series 6/63/65, and CFP® designations—this podcast was born from personal experience. Having navigated these challenging exams himself, Ran realized the need for better resources and created Open Exam Prep as a free solution for aspiring professionals.

Each episode breaks down complex major exam topics into clear, digestible lessons, covering everything from tax planning and estate strategies to retirement solutions and investment principles. Whether you’re studying during your commute, workout, or downtime, we are here to guide you—one question, one topic, one victory at a time.

Visit for more content: https://open-exam-prep.com/
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