What are Municipal Bonds?

MarketsETF Trends

This article was originally published on ETFTrends.com.

Per Investopedia, a municipal bond is “a debt security issued by a state, municipality or county to finance its capital expenditures, including the construction of highways, bridges or schools.” Learn the details behind general obligation municipal bonds, including what they are, why they are created, and how they work with this illustrated video by Fidelity [...]

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