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General obligation (GO) debt is secured by the full faith and credit of the local government issuing the debt. The municipality pledges its tax revenues unconditionally to pay the interest and principal on the debt as it matures.
17 sie 2020 · A general obligation, or GO, bond is a type of municipal bond that is backed entirely by the issuers creditworthiness and ability to levy taxes on its residents.
1 wrz 2023 · A general obligation bond is a type of municipal bond backed by the full faith and credit of the issuing government. This means that the issuer pledges its taxing power and general revenue to repay the bond, rather than relying on revenue from a specific project or source.
23 maj 2024 · A general obligation bond (GO) is issued by governmental entities and not backed by revenue from a specific project, such as a toll road. Some GO bonds are backed by dedicated property...
A general obligation (GO) bond is a type of municipal bond in which the bond repayments are guaranteed by the relevant government entity's total revenue.
Municipal bonds (or “munis” for short) are debt securities issued by states, cities, counties and other governmental entities to fund day-to-day obligations and to finance capital projects such as building schools, highways or sewer systems.
10 gru 2021 · General obligation, or GO, bonds are often backed by the general revenue of the issuing municipality, while revenue bonds are supported by a specific revenue source, such as revenue from a toll road. In this article, we’ll focus on GO bonds.
