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Lehman Brothers Municipal Bond Index |
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Lehman Brothers Municipal Bond IndexA benchmark index that includes investment-grade, tax-exempt, and fixed-rate bonds with long-term maturities (greater than two years) selected from issues larger than $50 million.Lehman Brothers Municipal Bond Index Similar MatchesTaxable municipal bondTaxable municipal bondTaxed private-purpose bonds issued by the state or local government to finance prohibited projects such as sports stadiums. Municipal notesMunicipal notesShort-term notes issued by municipalities in anticipation of tax receipts, proceeds from a bond issue, or other revenues. Bond Buyers municipal bond indexBond Buyers municipal bond indexA municipal bond price tracking index published daily by the Bond Buyer. Municipal bondMunicipal bondIn the US, a bond issued by a state or local government to raise money - often to pay for a special project such as a highway. In certain cases, interest is tax exempt. Municipal bond fundMunicipal bond fundA mutual fund that invests in tax-exempt bonds issued by state, city, and/or local governments. The interest obtained from these bonds is passed through to shareholders and is generally free of federal (and sometimes state and local) income taxes. Further SuggestionsCertificateless municipalsSingle state municipal bond fund Municipal bond insurance municipal bond insurance Municipal revenue bond Municipal Investment Trust (MIT) Lehman Brothers New York Municipal Bond Index Lehman Brothers California Municipal Bond Index municipal note Municipal improvement certificate |
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