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

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

From MarketWatch • 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

Another option for managing AGI is moving assets from taxable money-market accounts to lower-yielding but tax-exempt municipal bonds, said Andy Whitehair of accounting firm Baker Tilly.

From The Wall Street Journal • Oct. 26, 2025

"No," replied Neal; "I saw them; they are municipal bonds of one sort and another."

From A Certain Rich Man by White, William Allen