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

“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

Heather Gillers covers pension funds, insurance and municipal bonds for the Wall Street Journal.

From The Wall Street Journal

And that doesn’t even include the trillions more in municipal bonds and corporate bonds, whose prices are heavily influenced by the Treasury market.

From MarketWatch

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

From Barron's

The simplest way to achieve this is to buy municipal bonds.

From Barron's