The Fixed Income

Municipal bonds are fixed-income bearing securities that are issued by state or local governments to fund public projects such as schools, roads, and public infrastructure. Municipal bonds are popular among investors due to their tax advantages and relative safety compared to other investments. In this blog, we will explore the risks and rewards associated with investing in municipal bonds. Understanding Municipal Bonds Municipal bonds are issued by state or local governments and are used to fund public projects. They are typically issued with a fixed interest rate and a maturity date, after which the investor receives their principal investment back. Municipal bonds are known for their tax advantages, as the interest earned on these bonds is usually exempt from federal income tax and, in some cases, state and local taxes. Types of Municipal Bonds There are various types of municipal bonds , including general obligation bonds and revenue bonds. General obligation bonds are backed by