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

See Examples For:

municipal bonds

“No one can tell you with a straight face where interest rates are going,” Jim Lebenthal, who was a market strategist specializing in municipal bonds, wrote in 2009 in his now-classic “Lebenthal on Munis.”

From MarketWatch ● Aug. 21, 2026

Treasuries now yield 4% to almost 5%; investment-grade corporate bonds, 5% to 6%; mortgage securities, 5.5%; junk bonds, 7% or more; preferred stock, 6%; and municipal bonds, 2% to 4%.

From Barron's ● Jun. 26, 2026

Heather Gillers covers pension funds, insurance, college endowments and municipal bonds for The Wall Street Journal.

From The Wall Street Journal ● Jun. 20, 2026

“The markets are increasingly weighing the two-sided risks of the Middle East conflict, with tighter financial conditions and growth concerns gaining prominence over pure inflation worries,” the head of fixed income and municipal bonds says.

From The Wall Street Journal ● May 6, 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