For municipal bonds, trading in secondary markets are classified as

A. infrequent origination
B. static trading
C. frequent trading
D. infrequent trading
✅ The correct answer is option D.
For municipal bonds, trading in secondary markets are classified as infrequent trading. Infrequent trading Comprehensive databases have recently become ‘available for stock ex- changes in which many securities are traded only intermittently.

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