What is Municipal Bond? | SIE, SERIES7 Exam Prep

A municipal bond (muni) is a debt security issued by a state, city, or county to finance public projects, with interest typically exempt from federal income tax. 📚 Learn more about Municipal Bond and other key terms for your SIE, SERIES7 exam at Open Exam Prep. 🎯 This term appears on: SIE, SERIES7 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Municipal Bond definition: https://www.open-exam-prep.com/glossary/municipal-bond 💡 Exam Tip: GO bonds = taxes backing. Revenue bonds = project income backing. Know the difference! --- #securities #examprep #financeexam #sie #series7