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 kangaroos had no tails, they would topple over seems to me to mean something like this: in any possible state of affairs in which kangaroos have no tails, and which resembles our actual state of affairs as much as kangaroos having no tails permits it to, the kangaroos topple over.”
—David Lewis (b. 1941)
“It’s rather grisly, isnt it, how soon a living man becomes nothing more than a collection of stocks and bonds and debts and real estate?”
—John Dos Passos (1896–1970)