a bond issued by a state, county, city, or town, or by a state authority or agency to finance projects.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use municipal bond in a sentence
Like other cities, the city government sold municipal bonds to investors to keep itself afloat.How Does New York City Keep Reinventing Itself? (Bonus) | Kurt Andersen | March 21, 2021 | Freakonomics
Bank of America pays $137 million to settle government claims it rigged the municipal-bond market.
Coffee traders in Chicago stuck to coffee, municipal bond traders in New York stuck to municipal bonds, and so on.
But his huge municipal-bond stake—the economist version of putting cash into a mattress—returned a positive 1.76 percent.
The municipal-bond market would have also been thrown into turmoil.
The name debentures is given to a form of municipal bond in common use.Up To Date Business | Various