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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

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“The municipal market has been slow to price in these risks versus other fixed income asset classes,” Nuveen’s head of municipal bonds Dan Close said.

From The Wall Street Journal ● Oct. 13, 2026

Tax-exempt municipal bonds produced a minus 4.36% negative return for the month, their worst monthly performance since September 2008, he says.

From The Wall Street Journal ● Oct. 9, 2026

Beyond that, Howard also likes municipal bonds that pay interest that’s exempt from taxes at the federal level.

From MarketWatch ● Oct. 5, 2026

Low-risk municipal bonds are now yielding as high as 5% tax-free, thanks to the recent turmoil in the bond market.

From MarketWatch ● Sep. 25, 2026

This comprises cases in which the contracts involved were municipal bonds.

From The Constitution of the United States of America: Analysis and Interpretation Annotations of Cases Decided by the Supreme Court of the United States to June 30, 1952 by Edward Samuel Corwin

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