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

See Examples For:

municipal bonds

Treasuries now yield 4% to almost 5%; investment-grade corporate bonds, 5% to 6%; mortgage securities, 5.5%; junk bonds, 7% or more; preferred stock, 6%; and municipal bonds, 2% to 4%.

From Barron's ● Jun. 26, 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

Heather Gillers covers pension funds, insurance and municipal bonds for the Wall Street Journal.

From The Wall Street Journal ● Feb. 2, 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

How far would six one-hundred-dollar municipal bonds and—" "Good.

From Star-Dust by Hurst, Fannie