The State of Georgia, established in 1732 and located in the southeastern United States, serves as a vital public entity dedicated to governing and providing essential services to its residents. The state focuses on economic development, public safety, education, and infrastructure while fostering a favorable business environment. Key services include transportation development, public health initiatives, and educational programs for all ages.
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Georgia has a long history of bond issuance, beginning in the early 20th century to fund infrastructure projects. Notably, in 2021, the state issued $1.24 billion in general obligation bonds for various capital projects, achieving competitive yields lower than the national average for state bonds. Special features of Georgia’s bonds include tax-exempt status and the inclusion of callable options, providing flexibility for investors. Recent efforts to enhance credit ratings have further bolstered investor confidence, with the state's bonds consistently performing well in the municipal bond market.