Arizona Bond Request is a type of financing mechanism that allows the state government to borrow money from investors. It is similar to a loan and is used to finance capital projects such as roads, bridges, and schools. Bond requests are typically issued by the Arizona Department of Administration. There are two types of Arizona Bond Requests: general obligation bonds and revenue bonds. General obligation bonds are backed by the full faith and credit of the state, while revenue bonds are backed by the revenue generated by the project they are financing. Both types of bonds are issued in varying amounts and terms depending on the project and can be bought by investors through the secondary market.