A municipal security is a type of debt security that’s issued by a municipality – such as a state, county, or specialty jurisdiction like a port authority. “Muni bonds”, as they’re more commonly known, are usually issued to help a municipality fund some sort of project such as a new highway, bridge, school or government building.
Most new investors don’t realize the tax advantages of municipal bonds, which are often exempt from federal taxes. In some cases, they’re even exempt from local and state taxes as well.
Muni bonds are usually a tool of more seasoned investors, but by educating yourself on FlashCourse, you can get up to speed on how you can use them yourself. Get the free FlashCourse app for iOS and Android to learn more.
Rules and Regulations
Chapters In This Course Include…
- The MSRB
- General Regs G1 – G11
- General Reg G12
- General Regs G13 – G20
- General Regs G21 – G29
- General Reg G30
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