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

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

Advisers frequently mention municipal bonds as an important option to consider in the bond portion of the portfolio because they can be tax-free.

From MarketWatch

Strategists say municipal bonds performed better following the passage of the One Big Beautiful Bill Act.

From Barron's