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Municipal Obligations by State/Territory1,2 as of Jun 30, 2022

New York 13.92
New Jersey 11.72
Illinois 8.32
Texas 8.10
Pennsylvania 7.99
California 7.52
Massachusetts 7.21
Ohio 5.81
Georgia 5.08
Florida 4.97
Michigan 3.45
Alabama 2.87
Puerto Rico 2.83
New Hampshire 1.22
Hawaii 1.08
District of Columbia 0.96
Oregon 0.87
Washington 0.84
Virginia 0.78
Wisconsin 0.64
Louisiana 0.50
Arizona 0.45
Kentucky 0.41
Colorado 0.27
Maryland 0.27
Maine 0.25
Tennessee 0.24
West Virginia 0.23
Delaware 0.20
New Mexico 0.19
Iowa 0.15
Utah 0.09
Rhode Island 0.08
Vermont 0.07
South Carolina 0.03
Other 0.40