Municipal bond - State or local governments offer muni bonds or municipals, as they are called, to pay for special projects such as highways or sewers. The interest that investors receive is exempt from some income taxes.
In the US, a bond issued by a state or local government to raise money - often to pay for a special project such as a highway. In certain cases, interest is tax exempt.
Municipal bond : state or local governments offer muni bonds or municipals, as they are called, to pay for special projects such as highways or sewers. the interest that investors receive is exempt from some income taxes.
in the us, a bond issued by a state or local government to raise money - often to pay for a special project such as a highway. in certain cases, interest is tax exempt.
Municipal bond