[56]

At various times the government of the United States has let out bonds to release exchequer
[56]
At various times the government of the United States has let out bonds to release exchequer. These bonds are absolutely safe and are always market. The registered bonds have a name of the registered buyer; not registered bonds - the check payable to bearer. Municipal bonds are let out by cities and other municipalities to lift money for local improvements. If appropriate precautions are taken by buyers, municipal securities can be considered among the most safe and the majority of remunerating investments.