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Why might a town decide to issue bonds?

Why might a town decide to issue bonds?
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Why might a town decide to issue bonds?

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User Robby Lebotha
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2 Answers

6 votes
The bond that a town might issue is called a municipal bond. Municipal bonds are issued to finance a local government’s public projects like road repairs, school building, airports, seaports or any other infrastructure-related repairs. 
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User Fbarikzehy
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2 votes
Becuase they might have a bond
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User Pedjjj
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