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

You may also benefit from investing in tax-free municipal bonds, as opposed to CDs or taxable U.S.

From MarketWatch • Apr. 20, 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

Treasury bonds, blue-chip “investment-grade” corporate bonds and tax-advantaged municipal bonds.

From MarketWatch • Feb. 12, 2026

AA-quality 20-year municipal bonds have a taxable-equivalent yield of roughly 6.5% and are likely to be competitive with long-term equity returns.

From The Wall Street Journal • Jan. 6, 2026

But his business interests—what about his farm, his cattle, his machinery, his bank stock, his mortgages, his municipal bonds?

From Dust by Haldeman-Julius, Marcet