This article selection provides a look at basic types of Muni-Bonds as well as the different risks involved and some general ways to manage the risks. Essentially, a Municipal Bond is a debt security issued by local or state governments. The government uses this loaned money to fund public projects such as the construction of highways or schools. These bonds are often exempt from most taxes which can be appealing to investors. To read more, click the article linked below.
FMG Article Link: All Muni-Bonds are Not Created Equal