PrivateBonds.com

What is a private activity bond? A private activity bond is a bond issued by the government to finance a private facility or project. In this case, “the government” can mean local, state, or, rarely, the federal government. According to The IRS, private activity bonds can be used for projects that fall under section 141(b)(1), [...]

A private investment bond is quite similar to a private activity bond, only here, the bond loans money to a private entity. Much like private activity bonds, private investment bonds can be used to finance any number of private projects. Private investment bonds, though, do not carry all of the stipulations that private activity bonds [...]