Oregon Municipal Bond

Oregon Municipal Bond Funds and ETFs invest in debt obligations issued by... Oregon Municipal Bond Funds and ETFs invest in debt obligations issued by a local government or entity in the state of Oregon 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. Oregon has issued around $43 billion of municipal bonds, putting it in the middle states by issuance. There are significant amounts of bonds issued for school and water districts. There are 33 counties in Oregon. Voters typically must approval county and school district bond issuance. The state of Oregon 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: 04/23/2024 View more View less

Oregon Municipal Bond Funds and ETFs invest in debt obligations issued by a local government or entity in the state of Oregon These funds include revenue bonds and general obligation bonds with various... Oregon Municipal Bond Funds and ETFs invest in debt obligations issued by a local government or entity in the state of Oregon 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. Oregon has issued around $43 billion of municipal bonds, putting it in the middle states by issuance. There are significant amounts of bonds issued for school and water districts. There are 33 counties in Oregon. Voters typically must approval county and school district bond issuance. The state of Oregon 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: 04/23/2024 View more View less