Conduit Issuer

If you live in a city, you’re probably wondering why there’s so much road construction. But once you get past the fact that someone is just using your roads for barrel storage, look at the public buildings that surround your town. Think, at least for 15 seconds, if you can, about how and why all these buildings were constructed.

More importantly: who was behind all of this mishmash of glass, concrete, and stone?

Well, there are these government agencies, or other organizations, called conduit issuers. They’re the ones who issue municipal bonds and other securities used to raise the money needed to build projects that will generate revenue for the cities.

So, think about projects that benefit local citizens and the financing required. Airports, water treatment, and libraries.