The City of Boston sells bonds to borrow the money needed to pay for construction, rehabilitation, and repair of all of its public buildings, including:
- police, fire, and park facilities, and
- streets and sidewalks.
When market conditions are favorable, the City may also issue general obligation bonds to reduce the interest rates that apply to its outstanding debt. We refere to the bonds as "general obligation bonds" because they are secured by the full faith and credit of the City, and not by a particular source of revenue.
Xổ số may mắn hàng tuầnYou can download and view digital copies of the Official Statements for the general obligation bonds we issued. These copies are for information reasons only, and do not constitute an offer to sell securities.