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Municipal bond insurance |
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Municipal bond insuranceIn the US, an insurance policy which guarantees a mutual bond in the case of default, issued by private insurers.Municipal bond insuranceAn insurance policy which guarantees payment on municipal bonds in the event of default .Municipal bond insurance Similar MatchesCertificateless municipalsCertificateless municipalsMunicipal 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 IndexLehman Brothers California Municipal Bond IndexA 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 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 notesMunicipal notesShort-term notes issued by municipalities in anticipation of tax receipts, proceeds from a bond issue, or other revenues. Further SuggestionsLehman Brothers New York Municipal Bond IndexBond Buyers municipal bond index Municipal improvement certificate Municipal bond fund Lehman Brothers Municipal Bond Index Taxable municipal bond municipal note Single state municipal bond fund Municipal revenue bond |
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