General Obligation Municipal Bond

From Open Risk Manual
Revision as of 14:04, 24 April 2024 by Wiki admin (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

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.

Retrieved from "https://www.openriskmanual.org/wiki/index.php?title=General_Obligation_Municipal_Bond&oldid=37997"
  • Creative Commons Attribution-NonCommercial-ShareAlike
  • Powered by MediaWiki
  • Powered by Semantic MediaWiki