Why might a town decide to issue bonds
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That's sure to be a one of the question from your business book . i will try to help you in finding the answer.
One reasons behind town's bond issue is that they want to save money for their local in the form of these bond so that they can help effectively.
The other reason is to invest these bonds in order for development off the town like the building of new roads , bridges and other things like that.
One reasons behind town's bond issue is that they want to save money for their local in the form of these bond so that they can help effectively.
The other reason is to invest these bonds in order for development off the town like the building of new roads , bridges and other things like that.
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To save money for their residents and to build new roads or bridges, are the right answers.
When a town issues the bond, it is circulating an IOU with attention, customarily to help fund scheme (such as roads or bridges) or to produce a public service. We must keep in mind that the town is accumulating bills for residents only if it is the inhabitant of the town who buys the bonds. These bonds permit the inhabitants to secure a return on their economies since they are designated to be paid back by the city with interest at a planned date.
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