Study of 1977 Municipal Bonds Shows Rural Issues Sold Well

Patrick J. Sullivan

Rural America/ Rural Development Perspectives, 1981, vol. 04 RDP, issue 4

Abstract: Long-term bonds of rural governments compete favorably in the municipal bond market. Despite disadvantages associated with selling relatively small issues, the interest rate on nonmetro debt issued in 1977 nearly equalled the rate on metro debt. Nonetheless, many rural governments incur unnecessarily high interest costs.

Keywords: Community/Rural/Urban Development; Public Economics (search for similar items in EconPapers)
Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersra:310173

DOI: 10.22004/ag.econ.310173

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