QAEconomics › Why might a town decide to issue bonds?
Q

Why might a town decide to issue bonds?

A

City bonds or municipal bonds are issued by city governments when the city or town is seeking funds to finance new projects for the public such as hospitals, highways or schools. Well, a bond is a security debt that is owed to holders of a bond by those issuing it. This type of debt is usually paid back at interest. Municipal bonds are given out by such government entities as countries, cities or states.

7 months ago
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