Eurosystem and Municipal security: Difference between pages

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''Central banking.''
''Securities - United States.''


The Eurosystem comprises:
In the US, municipal securities are ones issued by state and local governments.
*The European Central Bank and  
*The national central banks of all Euro zone member states.


They are generally issued in two forms: short-term notes (1 day to 1 year) and bonds (1 to 30 years).


It is sometimes written 'eurosystem'.
 
Their income is exempt from US taxes and usually from state and local taxes in the state where they were issued.  




== See also ==
== See also ==
* [[Central bank]]
* [[An introduction to debt securities]]
* [[ESCB]]
* [[Bond]]
* [[Euro]]
* [[Gilt-edged securities]]
* [[Euro zone]]
* [[Notes]]
* [[European Central Bank]]
* [[Security]]
* [[European Union]]
* [[Treasury securities]]
* [[Monetary Policy Committee]]
* [[United States]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Cash_management]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Liquidity_management]]

Latest revision as of 08:00, 1 June 2023

Securities - United States.

In the US, municipal securities are ones issued by state and local governments.

They are generally issued in two forms: short-term notes (1 day to 1 year) and bonds (1 to 30 years).


Their income is exempt from US taxes and usually from state and local taxes in the state where they were issued.


See also