Government Debt - Municipal, Provincial, or State Bonds

Municipal, Provincial, or State Bonds

Further information: Municipal bond

Municipal bonds, "munis" in the United States, are debt securities issued by local governments (municipalities).

Read more about this topic:  Government Debt

Famous quotes containing the words state and/or bonds:

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    George Gordon Noel Byron (1788–1824)

    For, truly speaking, whoever provokes me to a good act or thought has given me a pledge of his fidelity to virtue,—he has come under the bonds to adhere to that cause to which we are jointly attached.
    Ralph Waldo Emerson (1803–1882)