A. general obligation tax
B. general obligation savings
C. general obligation bonds
D. general obligation notes
✅ The correct answer is option C.
Type of bonds which is fully backed by credit and faith of issuer is classified as general obligation bonds. A general obligation bond (GO) is a municipal bond backed by the credit and taxing power of the issuing jurisdiction rather than the revenue from a given project.
Type of bonds which is fully backed by credit and faith of issuer is classified as general obligation bonds. A general obligation bond (GO) is a municipal bond backed by the credit and taxing power of the issuing jurisdiction rather than the revenue from a given project.