How to Purchase Municipal Bonds The PERFECT Case Of Purchase Municipal Bonds, Municipal bonds are a great investment for risk averse investors. When state or local governments need to raise money they will issue debt obligations called municipal bonds or munis. When you buy such a bond you are loaning money to a government in exchange for interest paid to you over the life of the bond. When the bond matures at the end of its term the full amount you invested is returned to you. Typically munis are purchased through brokers. 1 X Research source Start an online brokerage account. Probably the easiest way Hire a full service broker. If you want someone to buy munis for you hire a broker dealer. They are called financial advisors or financial consultants. You pay a broker dealer a fee to buy munis. The fee is a commission. You must Work with an investment adviser. A registered investment adviser RIA is similar to a broker dealer. However they dont need yourpermission each time they buy munis for you. Instead they can make investm
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