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:

    In common with other rural regions much of the Iowa farm lore concerns the coming of company. When the rooster crows in the doorway, or the cat licks his fur, company is on the way.
    —For the State of Iowa, U.S. public relief program (1935-1943)

    In America a woman loses her independence for ever in the bonds of matrimony. While there is less constraint on girls there than anywhere else, a wife submits to stricter obligations. For the former, her father’s house is a home of freedom and pleasure; for the latter, her husband’s is almost a cloister.
    Alexis de Tocqueville (1805–1859)