municipal bond

An often tax-exempt bond issued by a city, county, state, or other government for the financing of public projects.

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

munic′ipal bond′

a bond issued by a state or local authority to finance projects.

[1855–60, Amer.]

ThesaurusAntonymsRelated WordsSynonymsLegend:

Noun

municipal bond - a bond issued by a state or local government

utility bond, utility revenue bond - a bond issued to finance the construction of public utility services

bond certificate, bond - a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal

Mentioned in

References in classic literature

But his business interests --what about his farm, his cattle, his machinery, his bank stock, his mortgages, his municipal bonds? How wonderful it would be if he could go with her to the station--his securities in a grip, his other possessions turned into a bank draft!

View in context

"The Rockefellers went into mines--iron and coal and copper and lead; into other industrial companies; into street railways, into national, state, and municipal bonds; into steamships and steamboats and telegraphy; into real estate, into skyscrapers and residences and hotels and business blocks; into life insurance, into banking.

View in context

Global Banking News-August 5, 2019-BNY Mellon Municipal Bond Infrastructure Fund declares dividend of USD0.0530 per share

BNY Mellon Municipal Bond Infrastructure Fund declares dividend of USD0.0530 per share

M2 EQUITYBITES-August 5, 2019-BNY Mellon Municipal Bond Infrastructure Fund declares dividend of USD0.0530 per share

BNY Mellon Municipal Bond Infrastructure Fund declares dividend of USD0.0530 per share

ENPNewswire-July 30, 2019--Baird Advisors Expands Senior Team; Adds Municipal Bond Co-Leader

Baird Advisors Expands Senior Team; Adds Municipal Bond Co-Leader

JP Morgan Asset Management has announced the launch of Bond Ladder Illustrator, a tool that enables financial advisors to create hypothetical municipal bond ladders based on customizable inputs such as tax rates, credit quality, maturity ranges and interest rate views, the company said.

JP Morgan launches Bond Ladder Illustrator

Shareholders of Eaton Vance Municipal Bond Fund II (NYSE American: EIV) have approved the merger of EIV into Eaton Vance Municipal Bond Fund (NYSE American: EIM), the firm said.

Deal snapshot: EATON VANCE MUNICIPAL BOND FUND II WINS SHAREHOLDER NOD FOR MERGER

While the tax exclusion for municipal bond interest remained intact despite threats of elimination during the Tax Cuts and Jobs Act (TCJA) debate in 2017, the 116th Congress may continue to look at changes to the tax code that affect public finance.

2019 Bond Modernization

In our opinion municipal bond closed-end funds (CEFs) are well positioned for price appreciation in the future.

Money Management: Municipal bond funds may be undervalued

Subsequent municipal bond floats in the country include those for Tagaytay City's P220million convention center and Antipolo City's P400million commercial complex.

The promise of LGU bonds