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Single state municipal bond fund |
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Single state municipal bond fundA mutual fund investing only in government obligations within a single state, with state tax-free dividends, but taxed capital gains.Single state municipal bond fund 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. 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. Municipal noteMunicipal noteIn the US, a municipal debt obligation with a maturity of two years or less. 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 revenue bondMunicipal revenue bondA bond issued to finance a public project that is funded by the revenues of the project. Further SuggestionsTaxable municipal bondmunicipal bond Lehman Brothers California Municipal Bond Index Municipal improvement certificate Municipal bond insurance Municipal Investment Trust (MIT) municipal bond insurance Lehman Brothers Municipal Bond Index Bond Buyers municipal bond index Municipal notes |
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