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  MunicipalBond

Sigma KEE - MunicipalBond

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municipal bond
Bond issued by a state, city, or local government to finance operations or special projects, interest on it is often tax-free.
Relationships      
Parents bond A debt instrument issued for a period of more than one year with the purpose of raising capital by borrowing. The Federal government, states, cities, corporations, and many other types of institutions sell bonds. A bond is generally a promise to repay the principal along with interest on a specified maturityDate.
  tax free investment


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