municipal bonds

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

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

Read more on Barron's

Marc Lichtenfeld, chief income strategist at The Oxford Club, believes that municipal bonds are solid options for higher earners or people living in high-tax states.

Read more on Salon

Are tax-free municipal bonds my best option, or what would you suggest?

Read more on Los Angeles Times

It means investing in international stocks or in Treasury and municipal bonds, and keeping some cash in a high-yield savings account, too.

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What Citigroup’s exit from the $4 trillion market for municipal bonds, a field it once dominated, means for the business of financing state and local governments.

Read more on New York Times