Andrew is the English form of a given name common in many countries. In the 1990s, it was among the top ten most popular names given to boys in English-speaking countries. In Italian, the equivalent to Andrew is Andrea, though Andrea is feminine in most other languages. Andrew is frequently shortened to Andy or Drew.
Some Municipal Bonds are Federally Taxable. The federal government does not tax most activities of states and municipalities, giving most muni bonds tax-exempt status, but some activities do not fall under this tax exemption.
An unsecured bond or debenture is backed by the full faith and credit of the issuer, but not by any specific collateral. 1  Corporate bonds are issued by corporations and are rated according to their quality. Corporate bonds typically pay higher interest rates than municipal or government bonds. Municipal bonds are issued by state, city and local municipalities. Municipal bond income is free from federal income taxes and may be exempt from state taxes when issued in the bondholder's state of residence.