Editorials, GS-3, Indian Economy, Public Admin 2, Uncategorized

Municipal Bonds

What is Municipal Bonds? Municipal bonds (also known as munis) are debt vehicles issued by state and local governments to finance their operations and fund municipal projects. Debt instrument may be a perplexing term, but think of municipal bonds as loans from lenders to state and local governments. In the case of municipal bonds, many… Continue reading Municipal Bonds