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Citizen Bond

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Citizen Bond
A certificateless municipal bond that may be registered and traded on an exchange. A certificateless municipal bond does not issue individual certificates in order to facilitate trade. A citizen bond provides an extra layer of ease by trading on an exchange. Unlike other municipal bonds, many citizen bonds have their prices listed in daily publications.


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Byline: Jennifer Radcliffe Staff Writer The Los Angeles Unified School District's citizen bond oversight committee questioned on Wednesday how the district is spending voter-approved bond revenue and warned that it might run out of money before all projects are built.
In 1997, the Austin City Council created a Citizen Bond Advisory Committee (the committee) of local activists before its upcoming 1998 bond election.
The Citizen Bond program was thereby an unqualified success Source: Winning solutions 94: solutions for technology-sharing local governments 1994/95.
 
 
 
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