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muni
1[myoo-nee]
adjective
municipal; operated by a municipal government.
a muni bus company.
noun
a municipal bond.
Muni
2[myoo-nee]
noun
Paul Muni Weisenfreund, 1895–1967, U.S. actor, born in Austria.
Word History and Origins
Origin of muni1
Example Sentences
Muni bonds have a lot going for them right now, and their tax-free status makes them all the more appealing for some investors.
Shannon Rinehart, Columbia Threadneedle’s co-head of municipal investments, says the muni market is fundamentally strong, though its performance has lagged behind other parts of the fixed-income market this year.
“When you actually look at the underlying fundamentals, when you look at reserves, when you look at some of the work states have done on their pension obligations, the muni market is still extremely high quality,” she said.
Cooper Howard, fixed income strategist at Charles Schwab, said 2025 has been a “tale of two halves” for the muni market.
She said many of the deals have come with spreads of 100 basis points or more over muni yields.
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