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.

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Example Sentences

Treasurys, says Andrew Clinton, CEO of Clinton Investments in Stamford, Conn. “For those in high tax brackets, the taxable equivalent yields of municipal bonds are often higher than those of taxable CDs and Treasurys.”

From MarketWatch • Mar. 31, 2026

“For all the news about state budgets and immigration enforcement, people are just hoovering up” all the municipal bonds they can find, said Matt Fabian, president of Municipal Market Analytics.

From The Wall Street Journal • Feb. 12, 2026

Individuals love municipal bonds, but there isn’t a lot of appeal in the sector today.

From Barron's • Jan. 2, 2026

Altfest favors buying individual municipal bonds versus funds for clients because the muni bond market tends to be inefficiently priced, offering smart investors opportunities to get good deals.

From Barron's • Nov. 25, 2025

Texas requires a two-thirds vote on the issue of municipal bonds, and fixes the debt limit at five per cent.

From Popular Law-making by Stimson, Frederic Jesup