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General Obligation Bonds

By Jeremy Bowman – Updated Feb 22, 2025 at 10:30AM

Key Points

  • GO bonds fund municipal projects like schools and parks, repaid by local taxes.
  • Unlimited GO bonds with dedicated taxes are considered most secure.
  • Recent GO bond defaults are rare, boosting investor confidence despite past bankruptcies.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

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