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:

    For I have learned, in whatsoever state I am, therewith to be content.
    —Bible: New Testament St. Paul, in Philippians, 4:11.

    What we often take to be family values—the work ethic, honesty, clean living, marital fidelity, and individual responsibility—are in fact social, religious, or cultural values. To be sure, these values are transmitted by parents to their children and are familial in that sense. They do not, however, originate within the family. It is the value of close relationships with other family members, and the importance of these bonds relative to other needs.
    David Elkind (20th century)