Vermont Municipal Bond

Vermont Municipal Bond Funds and ETFs invest in debt obligations issued by... Vermont Municipal Bond Funds and ETFs invest in debt obligations issued by a local government or entity in the state of Vermont. 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. Vermont has issued around $5 billion of municipal bonds, putting it in the bottom 3 states by issuance. There are significant amounts of bonds issued for educational institutions, such as the University of Vermont. There are 14 counties in Vermont. Voters typically must approval county and school district bond issuance. The state of Vermont 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

Vermont Municipal Bond Funds and ETFs invest in debt obligations issued by a local government or entity in the state of Vermont. These funds include revenue bonds and general obligation bonds with various... Vermont Municipal Bond Funds and ETFs invest in debt obligations issued by a local government or entity in the state of Vermont. 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. Vermont has issued around $5 billion of municipal bonds, putting it in the bottom 3 states by issuance. There are significant amounts of bonds issued for educational institutions, such as the University of Vermont. There are 14 counties in Vermont. Voters typically must approval county and school district bond issuance. The state of Vermont 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