What Is a General Obligation Bond? A general obligation bond (GO bond) is a municipal bond backed solely by the credit and taxing power of the issuing jurisdiction rather than the revenue...

A general obligation bond is a common type of municipal bond in the United States that is secured by a state or local government's pledge to use legally-available resources, including tax revenues, to repay bondholders.

What is a General Obligation (GO) Bond? A general obligation (GO) bond is a type of municipal bond in which the bond repayments (interest and principal) are guaranteed by the total revenue generated by the relevant government entity or agency.

2023年9月1日 · General obligation bonds are debt securities issued by local and state governments to finance public projects. They are backed by the full faith and credit of the issuing government, meaning that the government pledges to use its taxing power to repay bondholders.

2015年6月24日 · When a state, city or other issuer issues general obligation bonds, this means that the issuer is guaranteeing repayment of the bonds using any means necessary. The full faith, credit, and taxing power of the issuer are backing the bonds.

2024年2月27日 · General obligation bonds are debt instruments issued by state and city governments to cover a wide range of municipal infrastructure projects. They are a...

2024年2月19日 · General obligation bonds, commonly known as GOs, are municipal bonds that allow state and local governments to raise funds for projects that may not generate revenue directly. General obligation bonds are used to support initiatives such as the building of public schools and highways.

What Is a General Obligation Bond? A general obligation bond (GO bond) is a type of municipal bond secured by the credit and taxing authority of the issuing jurisdiction, rather than by revenue from a specific project.

What are General Obligation Bonds? Definition and Characteristics. General obligation bonds encompass: Government Issuance: Offered by local or state governments to raise capital. Full Faith and Credit: Backed by the government’s taxing power and revenue. Low Default Risk: Generally considered safe investments due to government backing.

2024年3月20日 · General Obligation Bonds (GO bonds) are municipal bonds backed by a government’s credit and taxing power, not project revenues. This article explores GO bonds, their types, and how they differ from revenue bonds.