What does municipal bond mean?
Definitions for municipal bond
mu·nic·i·pal bond
This dictionary definitions page includes all the possible meanings, example usage and translations of the word municipal bond.
Princeton's WordNet
municipal bondnoun
a bond issued by a state or local government
Wikipedia
Municipal bond
A municipal bond, commonly known as a muni, is a bond issued by state or local governments, or entities they create such as authorities and special districts. In the United States, interest income received by holders of municipal bonds is often, but not always, exempt from federal and state income taxation. Typically, only investors in the highest tax brackets benefit from buying tax-exempt municipal bonds instead of taxable bonds. Taxable equivalent yield calculations are required to make fair comparisons between the two categories. The U.S. municipal debt market is relatively small compared to the corporate market. Total municipal debt outstanding was $4 trillion as of the first quarter of 2021, compared to nearly $15 trillion in the corporate and foreign markets.Local authorities in many other countries in the world issue similar bonds, sometimes called local authority bonds or other names.
ChatGPT
municipal bond
A municipal bond is a debt security issued by local governments or their agencies, such as cities, counties or municipalities, to finance public projects like building schools, highways, hospitals, sewer systems, etc. The interest income generated by municipal bonds is generally exempt from federal income tax, and may also be exempt from state and local taxes, making them an attractive investment for certain types of investors, particularly those in high tax brackets.
Wikidata
Municipal bond
A municipal bond is a bond issued by a local government, or their agencies. Potential issuers of municipal bonds include states, cities, counties, redevelopment agencies, special-purpose districts, school districts, public utility districts, publicly owned airports and seaports, and any other governmental entity at or below the state level. Municipal bonds may be general obligations of the issuer or secured by specified revenues. In the United States, interest income received by holders of municipal bonds is often exempt from the federal income tax and from the income tax of the state in which they are issued, although municipal bonds issued for certain purposes may not be tax exempt. Unlike new issue stocks that are brought to market with price restrictions until the deal is sold, municipal bonds are free to trade at any time once they are purchased by the investor. Professional traders regularly trade and retrade the same bonds several times a week.
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Numerology
Chaldean Numerology
The numerical value of municipal bond in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of municipal bond in Pythagorean Numerology is: 7
Examples of municipal bond in a Sentence
While investors were keeping a keen eye on the FOMC (Federal Open Market Committee) meeting, which concluded on Wednesday on a more hawkish note than some anticipated, taxable-fixed income mutual funds took in small amounts of net new money - $348 million-plus, with ETF investors ... withdrawing $700 million, interestingly, though, both investors types were net purchasers of municipal bond funds, injecting $877 million into conventional open-end funds and $314 million for ETFs, respectively.
This was the largest positive weekly net inflow of the year coming in at over twice that of the $16.6 billion net inflow for the fund-flows week ended January 27, 2016, of note, equity funds broke a 10-week streak of net outflows by taking in $7.8 billion in net new money and municipal bond funds recorded their 41st straight week of inflows as they grew their coffers by $1.2 billion.
Interestingly, though, both investors types were net purchasers of municipal bond funds, injecting $877 million into conventional open-end funds and $314 million for ETFs, respectively.
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"municipal bond." Definitions.net. STANDS4 LLC, 2024. Web. 23 Dec. 2024. <https://www.definitions.net/definition/municipal+bond>.
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