Municipal bonds are issued by:

Question

Quizplus · Accepted Answer

Municipal bonds are debt securities issued by state and local governments, as well as their agencies and authorities, to raise funds for public projects such as schools, highways, and hospitals. Financial institutions and commercial banks may act as underwriters for these bonds, but they are not the primary issuers. The federal government issues Treasury bonds, not municipal bonds. Non-governmental organizations are not authorized to issue municipal bonds.

Municipal Bonds Are Issued By