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

Treasury bonds, blue-chip “investment-grade” corporate bonds and tax-advantaged municipal bonds.

From MarketWatch • Feb. 12, 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

AA-quality 20-year municipal bonds have a taxable-equivalent yield of roughly 6.5% and are likely to be competitive with long-term equity returns.

From The Wall Street Journal • Jan. 6, 2026

The simplest way to achieve this is to buy municipal bonds.

From Barron's • Nov. 25, 2025

He never speculated; but he bought government bonds, railroad bonds, municipal bonds, for he had great faith in his country.

From Half a Rogue by MacGrath, Harold