Both public and not-for-profit universities often issue tax-exempt debt.

而 公立学校和非盈利学校常常发行一种免税债。

youdao

It will also offer tax-exempt debt to entice investors.

ECONOMIST: Investing in infrastructure: A question of trust | The

The Commission has refused to exempt sovereign debt from the levy, which means that participating governments will be taking money from one pocket and putting it in another.

WSJ: Review & Outlook: The Transaction-Tax Climbdown

In such a case, it is entirely possible that a court will surcharge the exempt assets towards payment of the debt.

FORBES: Wrong.