Series 50: General Obligation Bonds

Taken from our Series 50 Online Guide

General Obligation Bonds

GO bonds are offered and sold to fund the general operating expenses of the municipal government or to provide funds for capital improvement projects like roads, parks, courthouses, and schools. They are backed by the full faith and credit of the issuer, which means that the issuer must use its full taxing and borrow

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I passed . Got an 84 on my Series 50. Solomon's prep material was pretty good. The practice tests were very helpful too. The numerical examples embedded within the theory really helped with the concepts. Made the material easy to read and understand.

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