Municipal bonds are fixed income securities issued to raise capital for public goods such as schools, roads, parks, etc. While municipal bonds are generally issued by state and local governments, revenue bonds (a subset of municipal bonds) are issued by state agencies or authorities for specific projects. Here we will explore the impact of COVID-19 on Georgia’s municipal bonds by tracking the performance of an index of 30 different bonds, as well as looking at individual municipal bonds.
YTD Municipal Bond Index Performance

Photo of an undetermined Georgia Tech home game during the 1918 college football season. That's when the sport was hit by the Spanish flu and the end of World War I.

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