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

“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

Treasurys, says Andrew Clinton, CEO of Clinton Investments in Stamford, Conn. “For those in high tax brackets, the taxable equivalent yields of municipal bonds are often higher than those of taxable CDs and Treasurys.”

From MarketWatch • Mar. 31, 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

President Donald Trump purchased at least $82 million in corporate and municipal bonds between late August and early October, according to newly released disclosures.

From MarketWatch • Nov. 16, 2025

They are expected to give to loans that are made on the security of farms as wide a market and as high credit as state and municipal bonds now have.

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