Time to bond with bonds. But in order to have a relationship with them, first we’d better get to know them. We’ve pulled together some very basic questions about municipal bonds, why they are used, and who uses them.
What is a municipal bond?
A municipal bond is a bond issued by a local government (the state, city, or county) or government agency (special district, public utility, airport, seaport, or school district) to pay for projects and/or improvements. These projects can range in scope, for example, improvements to government buildings and public places, a new fire station, or public utility improvements. Read more >