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Johnson et al., 1998 - Google Patents

The municipal bond market: Structure and changes

Johnson et al., 1998

Document ID
13594533327059795174
Author
Johnson C
Rubin M
Publication year
Publication venue
Handbook of Public Finance

External Links

Snippet

Overview: State and local securities are traded in what is called the municipal bond market. The unique and defining feature of this market is that interest earned on municipal bonds is generally exempt from federal, and in many cases state and local, income taxes. Because of …
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