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Municipal Obligations by State/Territory1,2 as of Dec 31, 2019

New York 14.37
Illinois 11.01
Texas 10.65
Massachusetts 8.86
Florida 5.97
Ohio 4.72
California 4.69
Pennsylvania 4.57
Michigan 4.54
New Jersey 4.49
Washington 4.28
Colorado 3.54
Oregon 1.81
Nevada 1.74
Arizona 1.59
Alabama 1.51
Connecticut 1.34
North Carolina 1.33
Nebraska 0.93
Louisiana 0.89
South Carolina 0.89
Puerto Rico 0.88
West Virginia 0.80
Kansas 0.79
Georgia 0.64
Missouri 0.60
District of Columbia 0.57
Mississippi 0.44
Hawaii 0.43
Wisconsin 0.30
Delaware 0.27
Iowa 0.24
Vermont 0.18
Maryland 0.14