The federal government generally issues the municipal bonds.

Municipal Bonds

Debt securities issued by local governments or their agencies, often tax-exempt, to fund public projects and services.

Identify the different categories and objectives of bonds issued by municipal governments and various organizations.

Verified Answer

Final Answer :

False

Explanation :

Municipal bonds are typically issued by cities, towns, states, and other local government entities, not the federal government.

Learning Objectives

Identify the different categories and objectives of bonds issued by municipal governments and various organizations.