Definitions for "Municipal bonds"
Keywords:  exempt, spent, city, bond, highways
Bonds offered by cities or states often used to pay for state funded projects, such as schools, highways, or hospitals.
A type of bond or debt obligation issued by state or local governments to fund general municipal needs or special projects.
Debt obligation issued by a state or local municipal entity. The funds raised may support a government's general financial needs or may be spent on a special project such as housing development or a sewage treatment plant.