Wanna Buy a Bond?

Do you want to spend your money to buy an interest-bearing bond, hoping the institution you loan your money to will pay you back?

If so, the State of Illinois is going to sell 6 billion dollars worth of bonds by the end of the year. If you buy one of the bonds, they will use your money to pay off some of the 15.5 billion dollars they have in outstanding bills payable six months ago.

OK. Anybody wanna buy a bond?


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