Investing
What are municipal bonds?
Quick Answer
Municipal bonds are debt securities issued by state and local governments. Their interest is exempt from federal income tax — and from state tax if you buy bonds from your home state.
Warren Team
Updated April 26, 2026
30
Warren Team
Updated April 26, 2026
30
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The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.
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