general-obligation bond
Americannoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Because the general-obligation bond pledge is so powerful, states have also made it hard to issue too many of the bonds.
From New York Times ● Jul. 29, 2015
Illinois had its general-obligation bond rating reduced Jan. 6 by Moody’s Investors Service to A2 from A1, making it the company’s lowest-graded state.
From BusinessWeek ● Feb. 22, 2012
A California general-obligation bond sold in March 2010 and due in 2022 yielded about 75 basis points more than an index of AAA rated 10-year securities on Jan. 30, according to data compiled by Bloomberg.
From BusinessWeek ● Feb. 13, 2012
A 20-year tax- exempt general-obligation bond rated A- yields about 4.76 percent, compared with 3.94 percent for a AAA rated bond, according to a Bloomberg Fair Valuation index.
From BusinessWeek ● Nov. 1, 2011
An October 2026 tax-exempt Nassau County general-obligation bond traded July 27 at an average yield of 4.2 percent, down from about 5 percent in February, according to Municipal Securities Rulemaking Board data compiled by Bloomberg.
From BusinessWeek ● Aug. 2, 2011
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
