School bonds are:

Question

School bonds are:

Quizplus · Accepted Answer

School bonds are typically considered to be a secure investment because they are generally backed by the taxing power of the school district. They are also usually issued in serial form, meaning that they are issued in multiple tranches with different maturity dates. Finally, school bonds are often rated by national rating companies such as Moody's or Standard & Poor's, which can provide investors with additional information on the creditworthiness of the issuer.

School Bonds Are