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Municipal notes |
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Municipal notesShort-term notes issued by municipalities in anticipation of tax receipts, proceeds from a bond issue, or other revenues.Municipal notes Similar MatchesMunicipal 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. Lehman 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 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 insuranceAn insurance policy which guarantees payment on municipal bonds in the event of default . 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. Further SuggestionsTaxable municipal bondBond Buyers municipal bond index Lehman Brothers California Municipal Bond Index Municipal bond fund municipal bond Lehman Brothers Municipal Bond Index Single state municipal bond fund Municipal revenue bond municipal note municipal bond insurance |
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