General Obligation Bond - GO
网友投稿• 2022-01-05 15:59:25 •阅读117
A municipal bond backed by the credit and "taxing power" of the issuing jurisdiction rather than the revenue from a given project. |||General obligation bonds are issued with the belief that a municipality will be able to repay its debt obligation through taxation or revenue from projects. No assets are used as collateral.
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