0
What else can I help you with?
What bond is backed by the full fAith and credit of the issuing governmental unit?
A bond backed by the full faith and credit of the issuing governmental unit is known as a general obligation bond. These bonds are secured by the issuer's ability to levy taxes and use other revenue sources to meet repayment obligations. Because of this backing, general obligation bonds are typically considered lower risk compared to revenue bonds, which rely on specific revenue sources for repayment.
What is the Difference between a general obligation bond and revenue bond?
General Obligation Bonds (GO Bonds): Backed by the general taxing power of the issuing government, considered lower risk, used for a variety of public projects, and often require voter approval. Revenue Bonds: Backed by revenue from specific projects, considered higher risk, used for specific revenue-generating projects, and typically do not require voter approval. Understanding the differences between these bonds is crucial for investors and municipalities alike, as it influences the risk, return, and legal requirements associated with financing public projects.
What is it called when the day a bond or other obligation is due to be paid?
The day a bond or other obligation is due to be paid is called the maturity date. This is the date on which the issuer of the bond is obligated to repay the principal amount to the bondholder.
What is the basis of a natural obligation?
An obligation is a legal bond. Obligations can be civil or natural. A natural obligation implies moral duties which can be enforced only if the obligor consents to it.
How do state or local governments pay off the principal and interest of municipal bonds issued?
Revenue bond issued to raise money for public-works project and general obligation bond (GO) to levy taxes to pay back the debt
How do state or local governments pay off principal and interest of municipal bonds issue?
Revenue bond issued to raise money for public-works project and general obligation bond (GO) to levy taxes to pay back the debt
What was the Transcendentalists' general attitude toward child labor?
That it was wrong and they had an obligation to change it.
What types of things are paid for through general obligation munis?
The costs of building schools and sewers, for example, are paid for through general obligation bonds.
Of the taxable and tax exempt formats, which municipal bond trading has the least risk involved.?
General obligation bonds and revenue bonds are both types of municipal bond trading bonds. They both are fairly low-risk because they have a good payout in general. However, the trader does have to worry about marketplace interest increases and tax-bracket changes.
What is the day a bond or other obligation is due to be paid called?
Maturity Date
Is it really an obligation for university students to find summer jobs in general?
No, it's not in any way an obligation
What is an on demand payment bond?
This is a type of credit enhancement that guarantees payment of an obligation and must be paid by the enhancer on the demand of the note or bond holder.
