Christ's Blood - What is it?

The following is from my notes on Dad's wonderful sermon this morning:

The blood of Jesus Christ is:

• the New Covenant Blood
• not the blood of the Old Covenant (Hebrews 9:11-15)
• not the blood of bulls & goats (Hebrews 9:11-15)
• untainted, sinless & pure
• for the forgiveness & remission of sin
• debt paying (our debt is bigger than the United State's nation debt!)
• liberating
• substitutionary (Romans 5:6-8 "Christ died for us!")
• justifying (Romans 5:9)
• reconciling (Romans 5:10)
• changing (2 Corinthians 5:17 - "New Creation")
• exchanging (2 Corinthians 5:17 - "Old things have passed away; behold, all things have become new.") The best change of all!
• Victorious (Hebrews 2:14-18http://www.biblegateway.com/passage/?search=Hebrews%202:14-18;&version=50;)

If you are a Christian, then all of these things apply to YOU! Praise be to the Lord!