Course 208:
General Obligation Bonds
In this course
1 Introduction
2 What Are General Obligation Bonds?
3 General Obligation Bond Payments
4 Advantages and Disadvantages of General Obligation Bonds
5 Buying General Obligation Bonds
6 Community Resources Financed by General Obligation Bonds

There are two types of municipal bonds--revenue bonds and general obligation (GO) bonds. The difference between the two types is the kind of collateral used to secure their payments of interest and principal. General obligation bonds offer investors a relatively safe investment vehicle while providing states and local governments with funds for community improvement.

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