Municipal bonds are debt issued by local governments, state governments, districts, and other entities that serve a civic purpose. This includes states, towns, cities, counties, school districts, hospitals, transportation authorities, universities and colleges, housing projects, road and highway authorities, water districts, and power districts.
Governments and special purpose entities borrow money to finance infrastructure projects, make capital improvements, and build or make improvements to schools...
Login or Create an Account to read the full article »

