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:
“For centuries the death penalty, often accompanied by barbarous refinements, has been trying to hold crime in check; yet crime persists. Why? Because the instincts that are warring in man are not, as the law claims, constant forces in a state of equilibrium.”
—Albert Camus (1913–1960)
“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)