Municipal Bonds - Munis

What are Municipal Bonds or Munis?

  What is a municipal bond? Municipal bonds are debt securities issued by cities, states, counties, or other local governments. They are also commonly known as Munis, and could be issued for 1 to 10 years. Why is a municipal bond issued? These bonds are issued to raise funds for public projects like highways, schools, …

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Municipal Bonds - Munis