Investment

What Are Municipal Bonds?

Municipal bonds (also known as “munis”) are debt securities that are issued by state and local governments. These are loans made to local governments by investors to fund public works projects such as parks, libraries, bridges and roads, and other infrastructure. Municipal bond interest is frequently tax-free, making them an appealing investment alternative for those […]

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What Are Municipal Bonds Used To Pay For?

Municipal bonds are debt securities issued by states, cities, counties, and other municipal bodies to support day-to-day obligations as well as capital projects like school construction, highway construction, and sewage construction. Quizlet: What do municipal bonds pay for? A municipal government or territory, or one of their agencies, issues a bond. It’s typically used to

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