Georgia Municipal Bond

Georgia municipal bond funds and ETFs invest in debt obligations issued by... Georgia municipal bond funds and ETFs invest in debt obligations issued by a local government or entity in the state of Georgia. 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. Georgia has issued over $60 billion of municipal bonds, putting it roughly in the middle of states. The city of Atlanta is a notable issuer. There are 159 counties in Georgia. Voters typically must approval county and school district bond issuance. The state of Georgia 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

Georgia municipal bond funds and ETFs invest in debt obligations issued by a local government or entity in the state of Georgia. These funds typically include revenue bonds and general obligation bonds with... Georgia municipal bond funds and ETFs invest in debt obligations issued by a local government or entity in the state of Georgia. 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. Georgia has issued over $60 billion of municipal bonds, putting it roughly in the middle of states. The city of Atlanta is a notable issuer. There are 159 counties in Georgia. Voters typically must approval county and school district bond issuance. The state of Georgia 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