General obligation bonds
General obligation bonds (GO bonds) refer to a type of U.S. municipal bonds, secured by the aggregate tax, operating and other income of the issuer. Unlike project revenue bonds
, GO bonds are mostly used to cover the issuer’s ongoing needs and to finance non-profit public projects.
The amount of tax revenue to be used for bond payments may be limited or unlimited. If it is limited, the issuer may increase property taxes to service GO bonds, but up to a statutory limit. If it is unlimited, the limit is 100%, but in most states such increases must be made only with the consent of the taxpayers.
As a result, GO bonds are of high credit quality and are considered the most reliable type of lower return than the revenue bonds with similar parameters.
Find Any Data on Any Bond in Just One Click
Full data on over 800,000 bonds and stocks worldwide
Powerful bond screener
Ratings from the top 3 global ratings agencies, plus over 70 local ones
Over 300 pricing sources from the OTC market and world stock exchanges
— Are you looking for the complete & verified bond data?
— We have everything you need:
full data on over 700 000 bonds, stocks & ETFs;
powerful bond screener;
over 350 pricing sources among stock exchanges & OTC market;
ratings & financial reports;
available anywhere via Website, Excel Add-in and Mobile app.
You will have detailed descriptive & pricing data for 650K bonds, 76K stocks, 8K ETFs
Get full access to the platform from any device & via Cbonds app
Enhance your portfolio management with Cbonds Excel Add-in
Build yield maps, make chart comparison within a click
Don't wait any longer — start using Cbonds today! Register