Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- adjective Municipal.
- noun A municipal bond.
from The Century Dictionary.
- noun A Hindu sage or ascetic, especially one who has taken the vow of silence.
- noun One of the seven stars (the seven sages or rishis) of Charles's Wain, or the Dipper, in the constellation Ursa Major.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun finance A
municipal bond - noun A facility operated by a municipal government, such as a golf course or train line
- noun A
Jain orBuddhist ascetic who has taken a vow ofsilence
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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Bloomberg News California accounted for about 4% of new long-term muni debt last year.
Munis' Strange Supply and Demand Liam Denning 2011
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During the quarter, interest rates for long-term muni bonds shot up more than 1 percentage point, sending their prices lower.
Fed Flags Spike in Muni Holdings by 'Household' Investors Andrew Ackerman 2011
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And financial statements in muni-land aren't reviewed by the Securities and Exchange Commission, unlike those of public companies.
Jumping Into Munis Requires a Leap of Faith David Reilly 2010
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California accounted for about 4% of new long-term muni debt last year, according to Matt Fabian at Municipal Market Advisors.
Munis' Strange Supply and Demand Liam Denning 2011
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As money-market funds shrink, so too will financing for businesses (money-market funds hold 36% of commercial paper), state and local governments (57% of short-term muni debt) and banks (21% of large certificates of deposit).
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The fund ' s institutional shares, available for a minimum investment of $25,000, charge expenses of 0.3% annually, compared with nearly 0.9% for the average national intermediate-term muni fund, according to investment-research firm Morningstar Inc. Lower fees relieve pressure on managers to juice returns with riskier holdings.
Three Muni-Bond Traps Eleanor Laise 2010
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Interest rates for the highest-quality long-term muni bonds have increased by more than half a percentage point since the beginning of November.
Elephants Stampede Over Munis Rolfe Winkler 2010
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That has boosted this market also, with prices of the highly rated, long-term muni bonds advancing almost 0.3 percentage point since Monday of last week.
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"It is some kind of short term muni-based piece of paper used as an alternative to [a] money market."
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Some hedge funds are getting hurt because they count on being able to tap short-term muni debt for cheap funds.
A new sore spot emerges: Elizabeth Rappaport 2008
ecbrenner commented on the word muni
municipal
March 16, 2009