The Tax-exempt Municipal Bond Market - How Big and Who Buys?

Outstanding state and local debt obligations totaled $2.62 trillion as of December 31, 2007, according to Federal Reserve estimates. The largest owners of tax-exempt securities are individuals like yourself, mutual and money market funds, property and casualty insurance companies, and commercial banks. In recent years, individual participation in tax-exempt municipal bonds has expanded significantly through investments in unit investment trusts and mutual and money market funds.

The Bond Market Association booklet An Investor's Guide to Municipal Bonds, page 11.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

Related Questions