General Obligation Municipal Bond

From Open Risk Manual

Definition

General Obligation Municipal Bond. Municipal bond that is backed by the full faith and credit and general resources of the issuing municipality, including its general taxing authority


Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.