An Overview on Municipal Securities
Municipal securities are important financial instruments utilized by California school and community college districts to finance their long-term capital projects such as the construction or modernization of facilities. There are many different municipal securities including:
General obligation bonds ( • California Education General Obligation Bond )
Mello-Roos bonds ( • What is a Mello-Roos Bond? )
Bond anticipation notes ( • What is a Bond Anticipation Note? )
Certificates of participation ( • What is a Certificate of Participation? )
Tax and revenue anticipation notes ( • What is a Tax and Revenue Anticipation Note? )
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