|
|
Municipal notes |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Municipal notesShort-term notes issued by municipalities in anticipation of tax receipts, proceeds from a bond issue, or other revenues.Municipal notes Similar MatchesLehman Brothers New York Municipal Bond IndexLehman Brothers New York Municipal Bond IndexA benchmark index that includes investment-grade, tax-exempt, and fixed-rate bonds issued in the state of New York. 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 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 . Municipal bond insuranceMunicipal bond insuranceIn the US, an insurance policy which guarantees a mutual bond in the case of default, issued by private insurers. 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 SuggestionsMunicipal bond insuranceLehman Brothers California Municipal Bond Index municipal note Taxable municipal bond Lehman Brothers Municipal Bond Index municipal bond Single state municipal bond fund Municipal revenue bond Bond Buyers municipal bond index Certificateless municipals |
|
|
|