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Introduction to Unlimited Tax Bonds Unlimited tax bonds, also known as general obligation (GO) bonds, are municipal securities that receive their backing from the full faith and credit of a government’s ability to levy taxes until the debt is repaid. With unlimited tax bonds, the issuer can tap various sources
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Overview of General Obligation Bonds General obligation bonds (GO Bonds) represent a critical part of the municipal bond market, serving as debt securities backed by the full faith and credit of the issuing government. Unlike revenue bonds, GO bonds rely solely on the issuer’s taxing power and creditworthiness to meet
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