General obligation bond
id:
general-obligation-bond-290-10788827
title:
General obligation bond
text:
A general obligation bond is a common type of municipal bond in the United States that is secured by a state or local government's pledge to use legally-available resources, including tax revenues, to repay bondholders. Most general obligation pledges at the local government level include a pledge to levy a property tax to meet debt service requirements, and holders of general obligation bonds then have a right to compel the borrowing government to levy that tax to satisfy the local government's
brand slug:
wiki
category slug:
encyclopedia
description:
Type of municipal bond in the US
original url:
https://en.wikipedia.org/wiki/General_obligation_bond
date created:
date modified:
2024-04-19T22:33:37Z
main entity:
{"identifier":"Q5532371","url":"https://www.wikidata.org/entity/Q5532371"}
image:
fields total:
13
integrity:
14