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 and notes, high-quality AAA-rated corporate bonds and municipal bonds for tax-efficient income.

From MarketWatch • Jun. 2, 2026

“The markets are increasingly weighing the two-sided risks of the Middle East conflict, with tighter financial conditions and growth concerns gaining prominence over pure inflation worries,” the head of fixed income and municipal bonds says.

From The Wall Street Journal • May 6, 2026

“For all the news about state budgets and immigration enforcement, people are just hoovering up” all the municipal bonds they can find, said Matt Fabian, president of Municipal Market Analytics.

From The Wall Street Journal • Feb. 12, 2026

Altfest favors buying individual municipal bonds versus funds for clients because the muni bond market tends to be inefficiently priced, offering smart investors opportunities to get good deals.

From Barron's • Nov. 25, 2025

Texas requires a two-thirds vote on the issue of municipal bonds, and fixes the debt limit at five per cent.

From Popular Law-making by Stimson, Frederic Jesup