Jisho

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ちほうさい 地方債
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Noun
1. municipal bond; local bond​
Wikipedia definition
2. Municipal bond​A municipal bond is a bond issued by an American city or other local government, or their agencies. Potential issuers of municipal bonds includes cities, counties, redevelopment agencies, special-purpose districts, school districts, public utility districts, publicly owned airports and seaports, and any other governmental entity (or group of governments) below the state level. Municipal bonds may be general obligations of the issuer or secured by specified revenues.
Read “Municipal bond” on English Wikipedia
Read “地方債” on Japanese Wikipedia
Read “Municipal bond” on DBpedia

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