New Hampshire Municipal Bond

New Hampshire Municipal Bond Funds and ETFs invest in debt obligations issued... New Hampshire Municipal Bond Funds and ETFs invest in debt obligations issued by a local government or entity in the state of New Hampshire. These funds 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. New Hampshire has issued around $10 billion of municipal bonds, putting it in the bottom 10 states by issuance. There are significant amounts of bonds issued for schools, as well as water and sewage projects. There are 10 counties in New Hampshire. Voters typically must approval county and school district bond issuance. The state of New Hampshire 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

New Hampshire Municipal Bond Funds and ETFs invest in debt obligations issued by a local government or entity in the state of New Hampshire. These funds include revenue bonds and general obligation bonds... New Hampshire Municipal Bond Funds and ETFs invest in debt obligations issued by a local government or entity in the state of New Hampshire. These funds 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. New Hampshire has issued around $10 billion of municipal bonds, putting it in the bottom 10 states by issuance. There are significant amounts of bonds issued for schools, as well as water and sewage projects. There are 10 counties in New Hampshire. Voters typically must approval county and school district bond issuance. The state of New Hampshire 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