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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

Many corporate and most municipal bonds are callable.

From The Wall Street Journal ● Oct. 8, 2026

But there are several caveats with municipal bonds that investors need to understand.

From MarketWatch ● Sep. 25, 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

I was familiar with every detail of the law governing municipal bonds and contract letting.

From The Iron Puddler My life in the rolling mills and what came of it by James J. (James John) Davis

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