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What are the different types of municipal bonds?
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24th Feb 2011 by admint
Types of municipal bonds:
• Taxable municipal bonds – bonds that are issued by public entities that did not meet the federal guidelines of tax exemption.
• 501(c)(3) bonds - issued by government entities on behalf of private non-profit organizations such as schools, hospitals and museums. Also known as pass through or conduit bonds.
• Industrial revenue bonds (IRBs) – is a form of economic development incentive of private entities. The bond is being issued by government giving companies low cost financing and tax exemption.
Types of municipal bonds:
• Taxable municipal bonds – bonds that are issued by public entities that did not meet the federal guidelines of tax exemption.
• 501(c)(3) bonds - issued by government entities on behalf of private non-profit organizations such as schools, hospitals and museums. Also known as pass through or conduit bonds.
• Industrial revenue bonds (IRBs) – is a form of economic development incentive of private entities. The bond is being issued by government giving companies low cost financing and tax exemption.
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10th Dec 2009 In Bonds
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Subjects: municipal bonds,