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

Heather Gillers covers pension funds, insurance, college endowments and municipal bonds for The Wall Street Journal.

From The Wall Street Journal ● Jun. 20, 2026

Financial adviser Jeffrey Weinstein has a rich, “extremely conservative” client who only owns municipal bonds.

From The Wall Street Journal ● Jun. 15, 2026

You may also benefit from investing in tax-free municipal bonds, as opposed to CDs or taxable U.S.

From MarketWatch ● Apr. 20, 2026

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

From Star-Dust by Fannie Hurst