Twenty five percent rule municipal bond in economics and finance

384 views Feb 17, 2024

Before delving into the Twenty Five Percent Rule, let's understand what municipal bonds are. Municipal bonds, also known as munis, are debt securities issued by local governments or their agencies to finance public projects such as schools, highways, or water treatment plants. These bonds are typically considered safe investments due to the reliable income streams generated by local taxes or user fees.

#Economics