municipal note


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Noun1.municipal note - a municipal debt instrument with a maturity of less than 2 years
note of hand, promissory note, note - a promise to pay a specified amount on demand or at a certain time; "I had to co-sign his note at the bank"
References in periodicals archive ?
1995) (finding that an attorney who issued a legal opinion in connection with a municipal note or bond offering owed a duty to a non-client that would support a claim for negligent misrepresentation when the legal opinion was issued at the request of his client for the purpose of inducing the non-client to purchase municipal bonds issued by the client).
If the FDIC did borrow from the Treasury, it would be subject to some costs, and the automatic increase in bank insurance premiums would probably generate political heat for the FDIC; however, these costs are likely to be less than those faced by corporate and municipal note issuers.
Meanwhile, yields of one-year municipal notes have risen from 0.62 percent at the start of 2016 to the current 0.95 percent yield posted by Bloomberg Valuation on February 14, 2017.

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