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municipal bonds

Cultural  
  1. Bonds issued by nonprofit bodies such as cities, public hospitals, and school boards. They bear relatively low interest rates, but accrued interest is exempt from federal income tax.


Example Sentences

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Tax-exempt municipal bonds produced a minus 4.36% negative return for the month, their worst monthly performance since September 2008, he says.

From The Wall Street Journal ● Oct. 9, 2026

Many corporate and most municipal bonds are callable.

From The Wall Street Journal ● Oct. 8, 2026

Brightline piled on more than $5 billion in debt, including municipal bonds, taxable debt and so-called commuter bonds, to fund its expansion.

From The Wall Street Journal ● Sep. 25, 2026

One is that some municipal bonds may trigger the alternative minimum tax at the federal level.

From MarketWatch ● Sep. 25, 2026

It is hoped that they will have the high credit of municipal bonds so that they may be sold at parity, bearing interest at 4 or 4.5 per cent.

From Modern Economic Problems Economics Volume II by Frank Albert Fetter

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