MUNICIPAL BONDS

municipal bond search the web municipal bonds mutual funds bonds stocks bonds yield bond fund bond funds municipal bonds mutual funds bonds stocks bonds yield bond fund bond funds bond investing corporate bonds government bonds bond prices mutual funds invest stock market stocks debt management personal finance bonds debts currency commodities investors stocks bonds yield interest return income checking money market municipal bonds aka muni bonds or munis municipal bonds are debt securities that cities counties states and other governmental entities issue to raise money for public purposesâ such as building schools highways hospitals sewer systems and other special projects a primary feature of many municipal securities is that the interest you receive is generally exempt from federal income tax the interest may also be exempt from state and local taxes if you live in the state where the bond is issued when you purchase a municipal bond you lend money to the quot issuer quot the government entity that issued the bond in exchange the government entity promises to pay you a specified amount of interest usually semiannually and return your money also known as quot principal quot on a specified maturity date the interest may be fully or partially tax exempt or tax free hence the expression quot tax free municipal bonds quot since the investment goal isâ often maximizing after tax returns munis may be aâ suited for this purpose than fully taxable corporate bonds having a higher yields â municipal bond municipal bonds tax exempt bond tax exempt bonds tax free bond tax free bonds tax free municipal bond tax free municipal bonds â 2010 municipal bond org all rights reserved