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

Malik, however, makes the case for not lumping all AI stocks in the same basket, and looking to a broader mix of asset classes such as alternative credit and municipal bonds.

From The Wall Street Journal ● Jul. 4, 2026

Jane Lauder holds more than $1 million in Estée Lauder stock directly and millions more through family trusts, and has an extensive portfolio of municipal bonds and land holdings.

From Barron's ● Apr. 14, 2026

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

From The Wall Street Journal ● Feb. 2, 2026

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 ● Jan. 12, 2026

It is hoped that they will have the high credit of municipal bonds so that they may be sold at parity, bearing interest at 4 or 4.5 per cent.

From Modern Economic Problems Economics Volume II by Fetter, Frank Albert