Individuals are encouraged to invest in state bonds

By Andrew Gomes

POSTED: 01:30 a.m. HST, Mar 17, 2013

~~<p>Question: The state sells municipal bonds from time to time. What are municipal bonds in general, and can Hawaii consumers invest in them?</p>
<p>Answer: Municipal bonds are debt instruments of state and local governments and their agencies. Government entities issue bonds to finance projects and operations. Hawaii consumers can invest, and are encouraged to invest, in state of Hawaii bonds. But as with any investment, we recommend individuals do their research and work with a registered financial adviser and/or broker.</p>
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Question: The state sells municipal bonds from time to time. What are municipal bonds in general, and can Hawaii consumers invest in them?

Answer: Municipal bonds are debt instruments of state and local governments and their agencies. Government entities issue bonds to finance projects and operations. Hawaii consumers can invest, and are encouraged to invest, in state of Hawaii bonds. But as with any investment, we recommend individuals do their research and work with a registered financial adviser and/or broker. Login for more...