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

See Examples For:

municipal bonds

“The municipal market has been slow to price in these risks versus other fixed income asset classes,” Nuveen’s head of municipal bonds Dan Close said.

From The Wall Street Journal ● Oct. 13, 2026

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

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

From MarketWatch ● Sep. 25, 2026

If the securities are State or municipal bonds the issue must not exceed ninety per cent of the market value of the bonds.

From History of the United States, Volume 6 by Elisha Benjamin Andrews

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