Government and Municipal Securities

Government and municipal securities are an attractive and safe investment, as they are backed by the full faith and credit of a governmental entity. These securities generally provide a predictable income stream and may help offset exposure to more volatile stock holdings. Further, if the bonds are held to maturity, bondholders receive the entire principal.

U.S. Treasury securities, including Treasury bills, notes and bonds, are debt obligations issued by the U.S. Department of Treasury on behalf of the federal government.

• Treasury bills are short-term securities maturing in a few days to 52 weeks.
• Notes are longer-term securities maturing within 10 years.
• Bonds are also long-term securities that typically mature in 30 years and pay interest every 6 months. 

Municipal securities, typically in the form of bonds, are debt securities issued by states, cities, counties and other governmental entities to raise funds. The issuer typically uses proceeds from a bond sale to pay for capital projects or for other purposes it cannot or does not desire to pay for immediately with funds on hand. 

The securities lawyers at Murphy Desmond can assist you with U.S. Treasury securities and Municipal securities matters.