Colorado Municipal Bond

Colorado municipal bond funds and ETFs invest in debt obligations issued by... Colorado municipal bond funds and ETFs invest in debt obligations issued by a local government or entity in the state of Colorado. 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. Colorado has issued around $70 billion of municipal bonds, putting it just outside the top 10 among states. A notable issuer is the City of Denver to fund upgrades to the Denver airport. There are 64 counties in the state. Voters typically must approval county and school district bond issuance. Colorado 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: 04/16/2024 View more View less

Colorado municipal bond funds and ETFs invest in debt obligations issued by a local government or entity in the state of Colorado. These funds typically include revenue bonds and general obligation bonds with... Colorado municipal bond funds and ETFs invest in debt obligations issued by a local government or entity in the state of Colorado. 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. Colorado has issued around $70 billion of municipal bonds, putting it just outside the top 10 among states. A notable issuer is the City of Denver to fund upgrades to the Denver airport. There are 64 counties in the state. Voters typically must approval county and school district bond issuance. Colorado 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: 04/16/2024 View more View less