Arkansas Municipal Bond

Arkansas municipal bond funds and ETFs invest in debt obligations issued by... Arkansas municipal bond funds and ETFs invest in debt obligations issued by a local government or entity in the state of Arkansas. These funds typically include revenue bonds and general obligation bonds with various maturity dates. Revenue bonds are linked to projects, while general obligation bonds are repaid from general government finances. Arizona has issued around $20 billion of municipal bonds, putting in roughly in the middle of states. A notable issuer is the state’s economic development authority. There are 75 counties in the state. Voters typically must approval county and school district bond issuance. Arkansas also issues general obligation bonds to fund its operations. Investors buy municipal bonds because they can benefit from attractive after-tax yields. Generally speaking, municipal bonds are exempt from federal tax, and also exempt from state tax if purchased by an in-state resident. Last Updated: 12/27/2024 View more View less

Arkansas municipal bond funds and ETFs invest in debt obligations issued by a local government or entity in the state of Arkansas. These funds typically include revenue bonds and general obligation bonds with... Arkansas municipal bond funds and ETFs invest in debt obligations issued by a local government or entity in the state of Arkansas. These funds typically include revenue bonds and general obligation bonds with various maturity dates. Revenue bonds are linked to projects, while general obligation bonds are repaid from general government finances. Arizona has issued around $20 billion of municipal bonds, putting in roughly in the middle of states. A notable issuer is the state’s economic development authority. There are 75 counties in the state. Voters typically must approval county and school district bond issuance. Arkansas also issues general obligation bonds to fund its operations. Investors buy municipal bonds because they can benefit from attractive after-tax yields. Generally speaking, municipal bonds are exempt from federal tax, and also exempt from state tax if purchased by an in-state resident. Last Updated: 12/27/2024 View more View less