Results for tag: "Municipal Bonds"

Municipal bonds are debt securities issued by state and local governments to finance public projects such as infrastructure, schools, and hospitals. These bonds are typically exempt from federal, state, and local taxes, making them attractive investments for individuals and institutions. The municipal bond market is a key source of capital for the public sector, providing funds for projects that would otherwise be difficult to finance. The municipal bond market is highly regulated, with rules and regulations designed to protect investors. The market is also subject to economic cycles, with demand for bonds increasing when interest rates are low and decreasing when interest rates are high. The municipal bond market is composed of a variety of participants, including issuers, underwriters, dealers, and investors. Issuers are typically state and local governments, while underwriters are financial institutions that purchase bonds from issuers and resell them to investors. Dealers are financial institutions that buy and sell bonds in the secondary market. Investors include individuals, institutions, and mutual funds. Some of the major players in the municipal bond market include Bank of America, JPMorgan Chase, Goldman Sachs, Morgan Stanley, and Wells Fargo. Show Less Read more