Municipal bond ..... protects investors in two ways: occasionally, cities or states that issue debt securities get into financial difficulty and may not be able to pay interest and principal on their debt as scheduled, or rating agencies may lower the ratings on an issuer's securities, causing the market value of its securities to decline.

Municipal bond ..... protects investors in two ways: occasionally, cities or states that issue debt securities get into financial difficulty and may not be able to pay interest and principal on their debt as scheduled, or rating agencies may lower the ratings on an issuer's securities, causing the market value of its securities to decline. (*) coverage (*) hedging (*) insurance (*) offset


This is a companion discussion topic for the original entry at https://english.best/questions/10906,municipal-bond-___-protects-investors-in-two-ways-occasionally-cities-or-states-that-issue-debt-securities-get-into-financial-difficulty-and-may-not-be-able-to-pay-interest-and-principal-on-their-debt-as-scheduled-or-rating-agencies-may-lower-the-ratings-on-an-issuers-securities-causing-the-market-value-of-its-securities-to-decline/