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FLMB - Understanding General Obligation Municipal Bonds
Franklin Templeton ETF Trust Liberty Municipal Bond
By Cooper J Howard
Given all the municipal bonds to choose from, how do you decide which ones should make up the core of your portfolio? With $3.6 trillion of muni debt outstanding1 spread among roughly 35,000 to 40,000,2 the choice may seem daunting, but we'll help you break it down.
Municipal bonds are sold by local and state governments to help fund public projects or municipal government operations, like building new schools or repairing city sewer systems. Their interest payments are usually exempt from federal income taxes and may be exempt from