Accountancy, asked by santu1929, 1 year ago

Municipal bonds are issued by whom?

Answers

Answered by srijitha
0
✨ Hi friend here is ur answer!!

==> Municipal bonds are debt securities issued by states, countries and other government entities to fund day-to-day obligations to finance capital projects such as schools buildings and highways.
The interest on municipal bonds is exempt from federal income​ tax.

✨ Hope it helps you ✨

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