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Municipal bond |
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Municipal 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.Similar MatchesMunicipal bond insuranceMunicipal bond insuranceIn the US, an insurance policy which guarantees a mutual bond in the case of default, issued by private insurers. Single state municipal bond fundSingle state municipal bond fundA mutual fund investing only in government obligations within a single state, with state tax-free dividends, but taxed capital gains. Municipal improvement certificateMunicipal improvement certificateA certificate used to finance local government projects and services which is financed by a special tax assessment and provides tax-free interest . Certificateless municipalsCertificateless municipalsMunicipal bonds with one certificate which is valid for the entire issue, and having no individual certificates, easing transactions. See: Book-entry securities. 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. Further Suggestionsmunicipal noteLehman Brothers Municipal Bond Index Municipal notes Taxable municipal bond Municipal revenue bond Municipal bond insurance Bond Buyers municipal bond index Lehman Brothers California Municipal Bond Index Municipal bond fund Lehman Brothers New York Municipal Bond Index |
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