general-obligation

As opposed to general-obligation bonds issued by state and local governments—bonds backed by pledges to raise taxes enough to repay the debt—many of the municipal issues hit by the downgrade represent more specialized sectors of the public finance market and are less subject to intraday volatility.

S&P Cuts Ratings on 11,000 Muni Issues Michael Aneiro 2011

Spending in Harrisburg, the cash-strapped capital of Pennsylvania, will outpace revenue as early as March, just as the city faces $5.325 million in general-obligation debt payments, according to a consultant hired by state officials to help the city with its fiscal crisis.

Harrisburg Heads Into Red Romy Varghese 2011

California's bullet-train effort got its start in 2008, when 53% of voters approved a bond measure that authorized the state to sell nearly $10 billion in general-obligation bonds to finance high-speed rail, which would be made available when appropriated by the legislature.

Top Official Of Rail Plan in California To Step Down Vauhini Vara 2012

Yields on a benchmark of highly rated 10-year general-obligation bonds, backed by a government's taxing authority, have fallen to 2.79% from 3.21% at the start of the year, according to Thomson Reuters.

A Lack of Supply Feeds Rise in Munis Michael Corkery 2011

California's treasurer has warned that the state mightn't issue any new general-obligation municipal bonds in 2011.

Munis' Strange Supply and Demand Liam Denning 2011

In March, 60% of the muni portion of the fund was in short-dated floating-rate municipal money-market securities, or "floaters," and the rest was in intermediate general-obligation bonds and revenue bonds.

Muni Bonds, With A Derivatives Twist Katy Burne 2011

California's bullet-train effort got its start in 2008, when 53% of voters approved a bond measure that authorized the state to sell nearly $10 billion in general-obligation bonds to finance high-speed rail, which would be made available when appropriated by the legislature.

California Train Plan Hits Bump Over Funds Vauhini Vara 2012

Unless you can persuade a top dog to manage your money — and to do that, you have to have a large amount of money to begin with — the advice remains the same: pay down debt, keep a healthy supply of cash on hand, look for index funds and general-obligation municipal bonds in which to invest, and be exceedingly happy if you earn more than 3 percent a year on your investments.

Letters to the Editor 2009

But the new J.P. Morgan fund could, in theory, get out of California completely—though, as of March 31, the state's general-obligation bonds constituted 3.4% of its $25 million portfolio.

Muni Bonds, With A Derivatives Twist Katy Burne 2011

Yields on a benchmark of highly rated 10-year general-obligation bonds had fallen to 2.74% as of Thursday from 3.21% at the start of the year, according to Thomson Reuters.

Finra: Show Them the Muni Jeannette Neumann 2011