What To Know About Investing In Municipal Bonds

A municipal bond is a bond issued by a local government and is generally used to finance public projects. Elaine Brennan says they continue to be a safe, stable investment, even in times of uncertainty. Despite the COVID-19 pandemic posing a major challenge for state and local governments, Brennan says the financial challenges were met and handled accordingly. Here Brennan explains all that investors need to know before investing in municipal bonds.

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