These are issued by local or state government and raised funds for public projects such as schools, highways, and hospitals. In most cases, these bonds offer tax-free interest income for investors, especially in the U.S. These also come under two types – general obligation bonds, which are guaranteed by the taxing power of the issuer, and revenue bonds, guaranteed by certain revenues ... https://finxl.in/fundamental-analysis-certification-online-training-courses.html