Investors in municipal securities commonly have many questions regarding their investments. This chapter is intended to anticipate and answer some of those questions.
Many of the questions and answers relate to information regarding securities terminology, provisions, and procedures.
The municipal securities market is highly diverse. That is another reason why simplistic generalizations by pundits and media fail to present an accurate picture for investors.
One way in which the market can be dissected is by the variety of credits securing differing municipal ...