Difference between revisions of "General Obligation Municipal Bond"

From Open Risk Manual
(Initial Entry)
 
 
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== Definition ==
 
== 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
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A '''General Obligation Municipal Bond''' is a [[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 [https://spec.edmcouncil.org/fibo/ FIBO Ontology Class]. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the [https://opensource.org/licenses/MIT 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.
 
  
 
[[Category:Bonds]]
 
[[Category:Bonds]]
 
{{#set: isDefinedBy | https://spec.edmcouncil.org/fibo/ontology/SEC/Debt/Bonds/index-en.html }}
 
 
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Latest revision as of 14:04, 24 April 2024

Definition

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