Municipal, Provincial, or State Bonds
Further information: Municipal bondMunicipal 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:
“If a hermit lives in a state of ecstasy, his lack of comfort becomes the height of comfort. He must relinquish it.”
—Jean Cocteau (1889–1963)
“My Christian friends, in bonds of love, whose hearts in sweetest union join,
Your friendship’s like a drawing band, yet we must take the parting hand.
Your company’s sweet, your union dear; Your words delightful to my ear,
Yet when I see that we must part, You draw like cords around my heart.”
—John Blain (18th century)