Series 7: 3.2.1. General Obligation Bonds

Taken from our Series 7 Online Guide

3.2.1. General Obligation Bonds

General obligation bonds are offered and sold to fund the general operating expenses of the municipal government or to provide funds for capital improvement projects, such as roads, parks, courthouses, and schools. They are backed by the full faith and credit of

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Since you're reading about Series 7: 3.2.1. General Obligation Bonds, you might also be interested in:

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