Taxable municipal bond


 

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Taxable municipal bond

Taxed private-purpose bonds issued by the state or local government to finance prohibited projects such as sports stadiums.



Taxable municipal bond

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Bond Buyers municipal bond index

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In the US, a municipal debt obligation with a maturity of two years or less.


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Short-term notes issued by municipalities in anticipation of tax receipts, proceeds from a bond issue, or other revenues.


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A bond issued to finance a public project that is funded by the revenues of the project.


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In the US, an insurance policy which guarantees a mutual bond in the case of default, issued by private insurers.


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