Municipal bond insurance

 

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Municipal bond insurance

In the US, an insurance policy which guarantees a mutual bond in the case of default, issued by private insurers.

Municipal bond insurance

An insurance policy which guarantees payment on municipal bonds in the event of default .



Municipal bond insurance

Similar Matches

Certificateless municipals

Certificateless municipals

Municipal bonds with one certificate which is valid for the entire issue, and having no individual certificates, easing transactions. See: Book-entry securities.


Lehman Brothers California Municipal Bond Index

Lehman Brothers California Municipal Bond Index

A benchmark index that includes investment-grade, tax-exempt, and fixed-rate bonds issued in California. All securities have long-term maturities (greater than two years) and are selected from issues larger than $50 million.


Municipal Investment Trust (MIT)

Municipal Investment Trust (MIT)

A unit investment trust that buys municipal bonds and usually holds them until maturity, passing the bond income on to shareholders, usually tax-free.


Municipal bond

Municipal bond

In 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 notes

Municipal notes

Short-term notes issued by municipalities in anticipation of tax receipts, proceeds from a bond issue, or other revenues.


Further Suggestions

Lehman Brothers New York Municipal Bond Index
Bond Buyers municipal bond index
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Lehman Brothers Municipal Bond Index
Taxable municipal bond
municipal note
Single state municipal bond fund
Municipal revenue bond


 
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