municipal bond; municipal note

简明释义

市政债券

英英释义

例句

1.The city issued a municipal note to cover short-term expenses until the next tax revenue arrives.

该市发行了一份市政票据以覆盖短期支出，直到下一个税收收入到来。

2.Many retirees prefer municipal bonds because they provide a steady income without federal taxes.

许多退休人员更喜欢市政债券，因为它们提供稳定的收入而不需缴纳联邦税。

3.Investors often purchase municipal bonds to support local projects while earning tax-free interest.

投资者通常购买市政债券以支持地方项目，同时获得免税利息。

4.A municipal note can be a great option for investors looking for low-risk, short-term investments.

对于寻找低风险短期投资的投资者来说，市政票据可能是一个不错的选择。

5.When interest rates rise, the value of existing municipal bonds may decrease.

当利率上升时，现有的市政债券的价值可能会下降。

作文

Municipal bonds and municipal notes are essential financial instruments used by local governments to raise funds for various public projects. These securities play a crucial role in the development of infrastructure, schools, and other community services. Understanding what these terms mean can help investors make informed decisions and contribute to the betterment of their communities. Municipal bond is a debt security issued by a state, municipality, or county to finance its capital expenditures, such as the construction of highways, bridges, or schools. When an investor purchases a municipal bond, they are essentially lending money to the issuer in exchange for periodic interest payments and the return of the bond's face value at maturity. The appeal of municipal bonds lies in their tax-exempt status; often, the interest earned on these bonds is exempt from federal income tax and, in some cases, state and local taxes as well. This makes them particularly attractive to investors in higher tax brackets who seek to maximize their after-tax returns.On the other hand, municipal notes are short-term debt instruments that municipalities use to meet immediate funding needs. These notes usually have maturities ranging from a few days to a year and are typically issued to cover temporary cash flow shortages, such as those experienced before tax revenues are collected. Investors in municipal notes can expect lower yields compared to municipal bonds due to their shorter duration and lower risk. However, they still provide a relatively safe investment option, especially considering that they are backed by the taxing power of the issuing municipality.The issuance of municipal bonds and municipal notes is governed by strict regulations to ensure transparency and protect investors. Municipalities must disclose relevant financial information, including their credit ratings, which reflect their ability to repay the debt. This information helps investors assess the risk associated with purchasing these securities. Additionally, many municipalities have established sinking funds, which are reserves set aside to pay off bondholders at maturity, further enhancing the safety of these investments.Investing in municipal bonds and municipal notes can be an excellent way for individuals to support their local communities while earning a return on their investment. Many investors appreciate the idea that their money is being used to fund essential services and infrastructure improvements that benefit everyone. Moreover, during times of economic uncertainty, municipal bonds are often viewed as a safer investment compared to corporate bonds or stocks, as municipalities are generally less likely to default on their obligations.In conclusion, understanding municipal bonds and municipal notes is vital for anyone looking to invest in local government securities. These financial instruments not only provide opportunities for investors to earn tax-advantaged income but also contribute to the growth and development of communities. By investing in municipal bonds and municipal notes, individuals can play a meaningful role in shaping their local environment while enjoying the benefits of a stable investment. As always, potential investors should conduct thorough research and consider their financial goals before diving into this market.

市政债券和市政票据是地方政府用于筹集资金以支持各种公共项目的重要金融工具。这些证券在基础设施、学校和其他社区服务的发展中发挥着至关重要的作用。理解这些术语的含义可以帮助投资者做出明智的决定，并为改善他们的社区做出贡献。市政债券是由州、市或县发行的债务证券，用于资助其资本支出，如高速公路、桥梁或学校的建设。当投资者购买市政债券时，他们实际上是在向发行者借钱，以换取定期的利息支付和到期时债券面值的返还。市政债券的吸引力在于其免税状态；通常，这些债券所赚取的利息免于联邦所得税，并且在某些情况下，州和地方税也免征。这使得它们对寻求最大化税后回报的高税率投资者特别具有吸引力。另一方面，市政票据是地方政府用于满足即时资金需求的短期债务工具。这些票据的到期时间通常从几天到一年不等，通常用于覆盖临时现金流短缺，例如在税收收入收集之前的短缺。投资者在市政票据中可以期待较低的收益率，因为与市政债券相比，它们的持续时间较短且风险较低。然而，考虑到它们受到发行市政当局的征税权的支持，它们仍然提供了相对安全的投资选择。市政债券和市政票据的发行受到严格的法规监管，以确保透明度并保护投资者。市政当局必须披露相关的财务信息，包括其信用评级，这反映了其偿还债务的能力。这些信息帮助投资者评估购买这些证券的风险。此外，许多市政当局建立了沉没基金，即为在到期时偿还债券持有人而预留的储备金，进一步增强了这些投资的安全性。投资市政债券和市政票据可以成为个人支持当地社区的绝佳方式，同时获得投资回报。许多投资者欣赏他们的钱被用来资助对每个人都有益的基本服务和基础设施改善的想法。此外，在经济不确定时期，投资者通常将市政债券视为比公司债券或股票更安全的投资，因为市政当局通常不太可能违约。总之，理解市政债券和市政票据对于任何希望投资地方政府证券的人来说都是至关重要的。这些金融工具不仅为投资者提供了获得税收优惠收入的机会，还促进了社区的增长和发展。通过投资市政债券和市政票据，个人可以在塑造当地环境方面发挥重要作用，同时享受稳定投资的好处。像往常一样，潜在投资者应该进行彻底的研究，并根据自己的财务目标考虑是否进入这个市场。